Quote from: btc4peace on August 17, 2018, 01:48:42 PM

I started reinvesting at $6180. My thoughts are that the $5900 was a double bottom chart and we will be back to $8000 by Sept 21 (ETF deadline) with an expected "sell on the news" pullback then depending on that outcome, either sub $10000 or over $20000 by Jan 1. ETF acceptance means little except it is a sign of future adoption by the big money.

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-Isa

Let's see how it goes, its been trading sideways in the past couple of days with a small bump a long the way. It could really pave for a new market trend towards a good bounce at $7K or another bottom at $58++. Regarding Bitcoin ETF, we will see the same pattern prior to the supposedly decision (Aug 10), which is a short term bump as well. But we all know that when it gets rejected, expect a massive sell off and another bottom.

Quote from: Varun Kanwar on August 17, 2018, 06:03:59 PM

No it will not happen today. just wait and you will see a dump soon. Bitcoin has no news to support its levels right now.

The support is strong at $6K, that's why we didn't see another bottom. Right now we are consolidating and it continues then $7K will be breach when whales thinks its a good time to pour and go back into the market again.