Post
Topic
Board Speculation
Re: Big pop up again
by
rainezerr
on 08/09/2018, 22:09:03 UTC
As we approached sub $6k and actually hit $5.9k... we see another huge pump to $6400. Impressive, a $500 dollar move up just like that, on a single candle. Someone bought a pretty decent amount of coins.

The theory of how that $5k-6k price range is the diamond solid ground in which miners will never let bitcoin go below is shaping up. Governments want to take the price down and tank it so they can buy it all but someone (maybe rich miners and other whales) keep using that range as the reverse point. Let's see if it holds. We have touched this same point so many times that the theory might be right.

We can absolutely expect for a huge pop up again due to the market price that is currently dropping and that is the reason why we should invest today.