Quote from: giletto on August 30, 2018, 02:27:33 PM

Quote from: ericbrietmann on August 30, 2018, 10:41:00 AM

I don't see green days coming back any time soon. We may be locked in bull trap, and the next biggest avalanche may hit us down to 3k, 1.8k or even lower before the next big run up after a long consolidation

We are really in the bull trap. Look at the market right now, the price of bitcoin has fallen to 6800$ after reaching 7200$. I think prices will continue going down and we still can not say that the market has uptrend, so early to say that

People always say that but i don't think it's that bad. Though i won't advise expecting a major bull run, i think we're in already for a slow steady rise. Ber months always have been good for the market historically.