Quote from: BlueStackz on August 17, 2018, 07:12:15 AM

Quote from: tranquyen123456 on August 16, 2018, 08:14:35 AM

I'm thinking $ 6000 already is the current hard support. Bitcoin will return to $ 10,000 in September. A lot of technical analysis is geared towards that

Bearish trend is currently existing in the market and we should not sell right now will be a foolish decision ever if you proceed for selling. Better decision is to invest more in the Bitcoin so that we have more coins in our wallet for we are looking to make huge or maximum profit in high market. High market is not far as it has taken too long to convert into bullish but we have to think for benefit only and the current benefit is to buy more.

This is really alarming. We are still in a downtrend and it is normal to see huge drops like this happen than huge buys. That is where the momentum comes in every trade and right now, the sell momentum is higher and the bears are still in control. It is something that is not easy for most new investors or traders to get used to in the market, which is why in this moment, it is always better to wait for very clear signals before making any move in the market. Being afraid of the market is the core reason why prices were driven out up to this levels.

A lot of people who really are confused about what is happening now are those who did not even understand what this space is like before even deciding to invest at all with quite a number of them just looking for ways to quickly get rich and wealthy in a short term. The best thing for anyone to be thinking of now is to see how to be buying the dips to take advantage of huge profit when the market picks up.