Quote from: TTITA on April 26, 2018, 09:11:14 PM

Quote from: dothebeats on April 26, 2018, 08:01:18 PM

Only the newbies and those who are week-old investors are wanting the price to rise unrelentingly. The rise from $6500 to $9600 in just over a week is surprising and at the same time, worrying. It could be a bull trap or some fake pump for all we know, but luckily the price held and has continued to do so for a couple days now. A much needed correction had already been expected by most traders. This is nothing new; it just resets the market for a bit before we take any direction from there, which is good. $20k is surely achievable, though I don't see it happening this month ir even the next ciming months.

Everything is only based on greedy only, I agree if this is like a fake pump, because if there is a fake pump then when there is correction will occur panic selling and make the market bleeding again.

I would not say that it is a fake pump, simple because it happened, it is just not a healthy pump. Price rises should be slow and steady, such rapid increases are not sustainable and people then have the tendency to panic when the inevitable correction happens, easy come, easy go.

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