Post
Topic
Board Bitcoin Discussion
Re: Good news for bitcoin holders, after falling price now Bitcoin Surges above 12%
by
jameswell
on 05/07/2019, 23:04:12 UTC
not all price decreases are "bearish trend"! so you can't just call what we had in the past days as a "bearish trend" it was simply a correction that triggered some manipulation in some whales who wanted to fill their bags with bitcoin at a discount which is why we saw that big drop but since we are still in a bullish trend for the past 4 months the price jumped back up as they can't keep it down with manipulation when the trend is in the opposite direction.

not to mention that your title  doesn't make any sense! bitcoin "holders" don't care about these short term fluctuations. whether it goes up and down 10% or 50% in one day is not going to change anything for them because they are not day trading.

Can't agree more!