Quote from: Wind_FURY on July 16, 2018, 09:05:55 AM

OP, I believe what was good about all those FUD was it made the Bitcoin market find its real support much earlier by making the weak hands sell faster than they should have. Cool

We have kwukduck as one of those people to thank for that. Hahaha.

Do you think they sell all or something is left in their bags? I agree that last few months may have in some way long-term positive effect on BTC price, coins will change hands and much more serious players will come in the game.

Quote from: PsylockReborn on July 16, 2018, 05:26:41 AM

https://ethereumworldnews.com/bitcoin-btc-price-analysis-bulls-refuse-to-back-down/

This is what I love about BTC. With the previous bloodshed, BTC is trying to exhibit a very promising uptrend despite the FUD and hacking incidents that happened. Hope this recovery will last until next year's bitcoin halving and continue to perform well in the coming years.

For now I do not see any recovery, we see low 5800$ and the highest price at 6700$ - but price is just moving up/down in that range for some time. It can go both ways anytime, so under 6000$ is still possible and it's too early for celebration.

By the way, next halving is in a year 2020 - so some 2 years from now, but if we look back at the last halving we can see that it did not have a bigger impact on the price at that moment. Positive impact is likely to be felt in the months after halving.