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 ?
Not all of us are going to benefit from this, just like what happened last year when lots of people decided to give up and price reduced very low thats when it got pumped and by the time those that took a quit could return, those who had patience had withdrawn all profits and leaving late comers in a bull trap. I have also seen one analyst claim that the price will drop to $5000. I dont have any problem with that as long as Im very sure that price will rise again.
In August bitcoin managed to stay above $6,000 levels then why not in Stempber month also. I believe OP is just spreading some FUD and nothing more than that even he is sounding like warning all of us.