Quote from: nicster551 on August 14, 2018, 11:04:03 AM

Quote from: pufa2007 on August 08, 2018, 12:17:16 PM

Hello dears!
Think I am crazy when I say that the cue ball will be 4500-5000$ for August-September! Can be! Do not argue! But my opinion is the place to be and here's why.

1) Institutions do not want to buy a cue ball for a high price.
2) according to the latest CBOE reports , mega whales are sitting in shorts.
3) Ruling the world just don't want the majority of people got rich and why do so people lost faith in the cue and sold on the cheap.
And the last...
4) analysis of the cue ball for 2014. He fell exactly 10 times! Therefore, from the previous highs ($20,000) ,the cue ball should fall to$ 2000 (but this is the Scam). Therefore 4500-5000$ I think it is real!

Your thoughts are interesting. What do you think about this ?

I know that there is a possibility that this would happen, but according to the charts the major support for me of Bitcoin as in only at the levels of $5000 and I think it wouldn't go down to any level lower than that. But who knows? Maybe that would really happen we just have to wait and see it for ourselves.

Chart says it all and I also believe bitcoin will not lower than $5500 but because of volatility Im still not sure about this. Big whales are really playing short and manipulating the price movement so maybe the OP is right but for me it doesnt matter because Im playing long and whales will pump bitcoin again in the right time.