Quote from: KalaiBTC on September 24, 2018, 11:22:28 AM

Quote from: webdevmastery on September 17, 2018, 12:09:45 AM

Quote from: cellard on August 11, 2018, 05:32:55 PM

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.

I believe that there will be a huge pop up again because most of the countries today are now legalize to invest on cryptocurrency since there is a huge pump last december before the year ends.

We are observing pop ups like this many times in this market from the start of this year but these are just for the time being and we will have a great future market like we had been many times in the past. We have to just focus on things to be perfect for us and currently we have only one benefit which is to go forward for more investment so as to get it in large quantity on low price.

Well it did hold on for most of the recent months so you have a good point. Probably a rich miner, probably a btc whale, but for sure it's someone or a group of people that has enough means to move the price.