Quote from: manfredmann on August 17, 2018, 06:04:35 AM

Until now after a huge market price fall down crypto market was exhausted after some market price corrections. And i do believe really on bitcoin seeing market price remains at 6K USD per BTC even if some altcoin had drop to almost 50% of its market price from before compared to the current market price. Market price slowly increasing yet it is still not could compromise the huge fall down on crypto market.

Nah. This is what we call trading in sideways. Neither bullish nor bearish. But eventually it will break out, and will start a new trend. So its possible we might re-test a new high/low again.

Quote from: kakonhat on August 17, 2018, 06:36:54 AM

I think the market will take the time up to 3 months more to recover the market cap. We know SEC postpones two months to take their decision. So the market will follow this time (only my opinion). I hope after that market will go to the owner's way whatever comes to the decision from SEC.

I don't think that we can go on for 3 months trading sideways. Well, SEC decision might be a factor, but speculators wouldn't wait that long though. They will make trading adjustments as they fit. Let's see how this accumulation will go, would like to see a bullish trend emerges, but I wouldn't be surprise if the bears regain control of the market again.