Quote from: wahyu wida on June 20, 2019, 03:11:49 AM

Quote from: Silberman on June 19, 2019, 10:15:32 PM

Quote from: Sithara007 on June 09, 2019, 07:22:09 AM

Quote from: Pumapipa on June 06, 2019, 07:31:08 AM

Bitcoin's price as of this posting is at $7,832.47 and man, we did dump a couple of bucks when BTC almost reached $9000. Yes indeed the bulls are back but this time bulls are getting more cautious in how it pumps the price. The bear market will always be on the lookout just to take advantage of this season. BUt some have speculated that BTC will be have a bull run for but will start after 7 months. At the end of the day, you really cannot tell, but what we can do is to make actions based on the current market trend

I have a feeling that the bull run started too soon. Some of the whales started accumulating the coins, expecting a large appreciation once the block reward halving commences. But they made the wrong calculations, I am afraid. There is still one year to go for the event, and I am not seeing enough strength in the market to last until then.

The whales are very powerful and they can influence they market as they want so I doubt they made a mistake, the price was too low for too much time and they just took the opportunity, even if the price crashes to 5k they could still double their money if they bought at 3500 and sell at an average price of 7k and those kind of profits by just moving your coins are not to be underestimated.

I think they are more accurate in measuring. even if only up to $ 5K, then they already have a lot of profits, where the capital used is large of course. and sure enough, not only is $ 7K achieved, but it has now reached $ 9K. we can calculate their profits. the question, what price will they sell?

whales sold thier coins anytime . yes they didnt care if what is the status of the market because they can still recover thier losses and they can still earn alot after they become succesful on thier manipulation . anyway , the bulls have been subsided for a while and its been replaced by a correction which is a good oppurtunity for those who are going to invest more . just make sure that you guys hurry because i suspect that the correction wont last long . after a week or two , the price is expected to pumped again .