Bitcoin Forum

Just sold my Alts and tethered!
I smell a rat!
Rally was bot induced!
3 Billion sell off in market cap in half an hour a few hours back!
BlackRock has nothing to do with the spike!
Momentum is lacking!
Don’t get me wrong a bitch might pump BTC 1000 USD
But
I am not risking a BOT Bear attack: Fear has a lot more momentum!

Haha yeah, that's what keeps happening lately. Hopefully it can break past $7k though, we'll see.

The bot is taking profit dragging the price down.
The last bot that tried to take us up I believe lost money and this bot might have the same origins.
These bitches could do a big time short: Dangerous game in low liquidity market like this!
You need to think like the bastards!

If btc does $8000 USD by end of July then I will believe that the Bull run is truly back and we might head back to $20k levels before August ends. As it is now, one has to be careful so as not to fall into another bear trap

I too exchanged BTC to USD and altcoins just today. Altcoins are keeping up with bitcoin but already had a huge loss on USD.
But a little patience and bitcoin would again come below $6K within a couple of days and I'd buy back my BTC holdings. :D

Blackrock hasn't invested yet but when they do it will definitely pump the markets. Now it might just be a pre-pump to accumulate a few more before it really happens. I'm sure it will break $7k soon, it won't stay this low forever

 I really do not think that there is a reason to fear right now as it seems the market is just experiencing a brief pre-pump. We may experience a downward rally in few days with support at 7500 while the bull gathers momentum.

Exactly, this may result something exceptional. I think, in this situation holding your coin would be the good idea.  However, investment can be made based on your analysis.

As the whole system of the crypto currency is decentralized the ups and downs of the coin price is a rapid situation. Though bitcoin has fallen down recently but hopefully it will recover very soon.

In such condition, I shall also exchange by BTC to USD to protect a huge loss. But, I think this price will go up further. As many of the traders are selling BTC so the price may go down and it will be the high time to purchase some BTC as well when it's in price recession.

There is no reason to be afraid of as the market is now experiencing a pre-force. There is enough reason to believe that this market will exceed $7000 very soon.

I don't think it went far enough to be classed as a suckers rally only rose by about 7 or 8% over a couple of days and then quickly reversed. We have been seeing similar action to this for most of the year so far so I would classify it as usual business for 2018.

At present. It is still in the stage of the cross plate. It is unlikely to have a breakthrough at this stage. It depends on whether there are really good news coming out. Of course, I believe the bull market will come. It's not sure when it will come.

The rally is expected and it should not cause panic. The price will appreciate more as August expectation draws nearer.

This is an option. Now is just a good time to turn the market back. Everyone relaxed a little, because they only hope for the best. When the fall begins a terrible panic. Then we will all be fucked. :o

What are the expectations on August? If I remember last August 2017 was the fork for Bitcoin Cash and the market was on the rally because of that fork, when it happens the market goes from red to green so if this will happen again just like last year then it will be a good month of August  8)

Liquid market value may increase or decrease at any time. We will make a very careful decision here. There is a possibility of rising prices, but it is necessary to take risks.

From my point of view to make money in this market you don’t have confused mind. This is not a place of emotion trading, it’s the place of rational trading. Every one should have more careful before invest this sector. This sector is the best way to make money.

What you have done is called panic selling, selling at the bottom is always the worst thing to do, im quite confident that you will soon regret because market has started a new upward wave and it will be bigger than expected in my view.

Bitcoin and Ethereum Exchange Traded Funds maybe approved by U.S. SEC.
But if this wont happen, what will happen? Bitcoin will go down to almost 0? :)

Situation will be under control very soon. dont think about falling prize just wait for the right time. Very soon will get your desire profit I hope.

I think the market is waiting for some important news such as SEC decision on ETF...so yes I wouldn't consider this as a bull run right now

In this volatile but promising marketplace, I think it’s always important to observe the details to avoid this kind of deceptions.

Previously I have seen these bots cause damage but later they were taken care of. I hope the same happens in this case also if what it seems is true.

Yes I agree with you. It’s always wise to stay away from the influences of these bots. Better to gain little than losing a lot

We might experience again of down fall so this situation expects an unstable price. Price always rallying so let's expect the up and down of price. But hopefully we can see a rising price of bitcoin this months time.

No need to be afraid of all these downward rally right now, these sort of events are nothing but the calm before the storm (read bull run).

Right now bitcoins price is around $7714. If bitcoins price goes to $8000 in this July then it was a great achievement. At that time i believe Bull run is come back again.

Well good luck for you.I am hodler for a long time even if the alts fall down by 50% more. This is not a game.We are here for technology and this will stay in the nest 10 years and if you choose right projects you should not be worried

Actually It's really confusing because investors wants to bull run or not based on this when the price rise that time people are started to sell their coins because they are waiting for this time actually.

I don't think this is a suckers rally.  Bitcoin is looking very strong and the market cap is near 300B.  If we do crash there just isn't that much room for it to be a really bad fall.  Risk to reward ratio is really favorable for purchasing right now. 

I despise the people working behind these bots, but you can not expect these path to be smooth.  ::) Better to have an open eye at all times. 

It has done $8000 before July but cant predict $20000 by August in such a short period. If it ever make $20000 by August, am afraid that might be the end or beginning of bitcoin for the year. Beginning if it succeeded on ETF ,end if it fails

Now the network has a lot of FUD, fake and scam, so it's worth being cautious about trading or investing...

All this is about panic selling and FUD. There is no such a thing as a "bot attack", bots are controlled by people and whoever sells after all this years drops is really crazy.

The situation in the crypto markets has long been under the control of large holders of capital. They decide which way to move the market and when to take off the cream. If you think that the up and down movements are on their own, then you are very wrong.

Funny. Most of my side projects are alts that just came out of ICO....they are not traded on big exchanges (only a few DEX's) and therefore I hardly notice a difference in my pf when BTC rises or drops :). I remember the days I had quite a few coins of projects directly tied to btc's behaviour....I was stressed out often since my pf could rise and drop 20% in a day :).

Anyway. I hope BTC soon goes on another big run again. I think blockchain has way too much potential for bitcoin keep getting stuck between all this bs. Even big banks are now shifting their focus and telling people that cryptocurrencies is something they are looking into themselves too....adapt or perish :)

It's always good to be cautious with the circumstances. But I think it's just a pre pump before Blackrock starts getting involved, just to catch attention. I suppose it'll be back to its normal position after sometime.

There is still a doubt among the investors that if the market will hit a bull run or not. The moment the price rises above $8k, then that is the got o signal for the investors to start selling the coins.

The market of crypto currency is extremely unpredictable. A bull market was expected by some investors. Yet it is still not sure, investors should have patience and wait till the price of the coin reaches 7000$ before taking any step. The market should be properly analysed by the investor and act upon in.

These type of downward rally is not uncommon. There will definitely be a bull run and these kind of scenarios are nothing but the warning for the upcoming bull run.