Quote from: 2double0 on May 18, 2019, 08:32:17 PM

Quote from: BuxCoin on May 18, 2019, 10:54:45 AM

Quote from: Steadfast20 on May 18, 2019, 08:16:07 AM

Many of us believed that the bear market is officially over already and the bull market has started. The correction that happened yesterday doesn't mean that it will not rise again. Its better to have a correction after a continuous rise compare to a market that is only rising and rising and rising. See what happened in 2017 & 2018.

this correction is much needed for stability of bitcoin price many who are waiting for entering this correction is good

It's stupid if you wait for the call forever when you already had a chance when BTC had a visit at $3500. All of these small investors lost their confidence and sold it for very cheap price, that's where the real big investment players played their games and started their journey collecting as much BTC as possible before the possible rocket shot that is yet to be witnessed. Whatever price is today, it's all due to those sellers who sold for pennies and now trying to get their hands over it again. I think the market has enough liquidity to keep it stable between $6000 and $7500 for long term (like it did when it was at $3700). Technically, BTC looks to have broken all major MAs which completely derives the fact that we are headed to a massive bull run, but going overbought is what stops it from the subtle heights to be reached.

Do you think it can actually sustain the 6700-7000 region for long