Quote from: CryptoCashMan on May 17, 2019, 12:20:03 PM

Quote from: Lawrenzoo on May 17, 2019, 10:24:42 AM

HA, where did you see that, we have only lost $700, how did you come about $2000, which country are you and which exchange are you using?

See the graph below. The dip only lasted half an hour, but it was a $2000+ dip.
The screenshot below was taken several hours after the dip, so the highest value for the day has changed. It was $8315, not $8037.
Just because you didn't see the dump happening (probably because you were asleep at that time), doesn't mean it wasn't there.
And yes, now the price has recovered half way and is back to $7000, which is the new support level.
I see things slowly going down, with prolonged stops at $6000 and $5000 until we are back down to $4500.

https://i.postimg.cc/J4pk1Ntk/Untitled-1.jpg

The dip had a reason, see this:
https://bitcointalk.org/index.php?topic=5144162.msg51100331#msg51100331

Binance was the one which tasted the effects of that dump till $7k only and the other ones maybe less maybe more. But the dump took place at just one exchange - Bitstamp and it was so big it took BTC down to $6.2k

I do believe we're in for a correction here, maybe today or maybe a week later but we're definitely going to see a correction. I can't and won't predict any numbers here but I believe it'll be huge so that some of us gain the advantage of buying BTC back at cheap rates again.