Quote from: Caladonian on July 05, 2019, 06:55:33 AM

Quote from: onecall123 on July 05, 2019, 05:16:20 AM

Quote from: samcrypto on July 05, 2019, 02:44:44 AM

Quote from: weidex on July 02, 2019, 08:58:00 AM

As the volume of BTC is going down the price has decreased too. Do you think it just makes a step back before the pump to 15k+ or it will follow the trend to 5-6k?

Its dumping but we should no go to level of $6k again, because its not good for the market. The pump I believe will start again on the middle part of 3rd quarter especially on the Month of August and September, maybe the ghost month will bring luck in the market this time and I hope to see the price of $15k later this year. The market goes up high within the previous month, and I believe it will repeat again this year so watch and take profit.

I realize some people are waiting for 6K or more lower, but it ain't gonna happen. Institutional investors are coming back to the market, the demand of bitcoin is skyrocketing and will keep on bullish. We have another uptrend my friend, it's time to accumulate and take profit.

With big demands coming from new investors and businesses who also see the potential from this industry, we must anticipate that the market will grow more, this downfall might come from those who already think that the profits that they've take already enough for them followed by weak holders, it must be analyzed and make some good movement in order to benefits with any situations inside bitcoin market.

There is no reason why bitcoin is now moving downward and I think the whales are now take profits and at the same time manipulating the market in other to buy cheap as it happen early this week. I think, generally, bitcoin is going up and until it get to around $20,000 we may not experience significant bear market. There is a possibility of bitcoin retest $10, 850 or $9800 again before the next pump as the buying strength has really reduce and very little panic will set in that will couse weak hand to sell.