Almost lost $1000 today in values in last two days. Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?
Over the past day, the BTC rate fell by$ 1000, many reasons were voiced for which this could happen, but I'm still sure that we are seeing another attempt to manipulate the market.
The panic is sown, people do not know what to expect next. A lot of people dump their assets to save something.
Now an important support level is a mark 6600$, I think after not long. and it is broken.
Whales need real chaos, panic, to traders hamsters, themselves voted assets for pittance.
I understand that with the money they have, they will quietly exist for a year or two, and only then they will want to revive this market, but at least kill I do not see BTC cheaper than$6,000. Someone will say that there is no interest in the cryptocurrency, in the search engines, too, there is no activity, but remember April, we were in the same situation, but the turn followed. Someone will say that it was a rebound inside the downtrend, perhaps so.
But remember the Nasdaq, and Bitmain just announced the launch of an IPO in the 4th quarter of 2018. Why would such giants climb into a drowning ship?
In the current situation, I act as follows:
- I buy tokens that carry good prospects and real application (example: Eth, Neo, Act, Eos, Ast).
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