$666 - common pit stop during mega whale price swings

[jaredboice]

It seems to me like the mega whales like to have some fun as they push their weight around.
Taking pit stops at price levels like $666 during big swings is their call sign.
This volatility is just a little tree shaking. They push their weight back and forth, but eventually they have to revert back to the natural flow of the market (which at this point in the long term cycle is up)

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[LFC_Bitcoin]

It seems to me like the mega whales like to have some fun as they push their weight around.
Taking pit stops at price levels like $666 during big swings is their call sign.
This volatility is just a little tree shaking. They push their weight back and forth, but eventually they have to revert back to the natural flow of the market (which at this point in the long term cycle is up)

Very close to the halving now, I hope to see some panic buying & big buys based on speculation.

[The Sceptical Chymist]

Couldn't ask for a better support level than that. 

But we're just a tad under it now, and the price has been volatile as hell for the last day.  I might just puke all over this forum (more so than usual).

[jaredboice]

Couldn't ask for a better support level than that. 

But we're just a tad under it now, and the price has been volatile as hell for the last day.  I might just puke all over this forum (more so than usual).

I am not concerned. This is just a repeat of last week. Nothing to see here. Bitcoin being Bitcoin

[~Bitcoin~]

It seems to me like the mega whales like to have some fun as they push their weight around.
Taking pit stops at price levels like $666 during big swings is their call sign.
This volatility is just a little tree shaking. They push their weight back and forth, but eventually they have to revert back to the natural flow of the market (which at this point in the long term cycle is up)

Very close to the halving now, I hope to see some panic buying & big buys based on speculation.

I think we will soon see panic sell pressures as price didn't pumped up before halving as everybody expected. Panic buy just 1 week before halving, is quite unlikely to happen.

[jaredboice]

It seems to me like the mega whales like to have some fun as they push their weight around.
Taking pit stops at price levels like $666 during big swings is their call sign.
This volatility is just a little tree shaking. They push their weight back and forth, but eventually they have to revert back to the natural flow of the market (which at this point in the long term cycle is up)

Very close to the halving now, I hope to see some panic buying & big buys based on speculation.

I think we will soon see panic sell pressures as price didn't pumped up before halving as everybody expected. Panic buy just 1 week before halving, is quite unlikely to happen.

It took weeks and months for the first halving to have a major impact on price. But eventually we had 2 bubble cycles within one year of the first halving. Within a year the price increased by a magnitude of something like 5,000%.

This cycle seems to be playing out longer than previous cycles. If history repeated, it could be months before a bull run takes us over 3 digits. Anyone expecting a rally this early is being very unrealistic

[manselr]

They are crashing the price in purpose to buy back in. It's impossible to predict what will happen 10 minutes from now, we only know the fundamentals are fantastic for Bitcoin so in the long term it can only go up, other than that good luck.

[YTBitcoin]

This game will continue only a few days and at halving the price will become independent of any control of whales, at the time of halving we will see the price increasing the same like a few weeks ago.

[talks_cheep]

Most you are setting yourselves up for an epic fail on the day of halving. Instead of a rocket to the moon, you are going to see a HUGE CRASH on that day. Chinese whales are already prepping for major sell-outs before, on the day of, and after July 9th. It's a great time to sell, don't wait for a miracle. There's no such thing as miracles.

[jaredboice]

Most you are setting yourselves up for an epic fail on the day of halving. Instead of a rocket to the moon, you are going to see a HUGE CRASH on that day. Chinese whales are already prepping for major sell-outs before, on the day of, and after July 9th. It's a great time to sell, don't wait for a miracle. There's no such thing as miracles.

Anyone expecting the price to increase on day one of the halving is being unrealistic. It took a year for the first halving in 2012 to produce 5,000% gains. Of course, all of you trolls who preach that Bitcoin will not be a lot higher 5-6 months from now are completely out of your minds. With supply issuance getting cut in half, China seeking ways around capital controls, segwit around the corner, Brexit, banking bailouts, market uncertainty, the financial system on the brink of collapse, the EU on its way to failure, etc.. Bitcoin is getting setup for an eventual mother of all epic rallies. And when that happens, whether it's 3 months from now or a year from now, none of us bitcoiners will care that some anonymous troll compared Bitcoin to a miracle that didn't exist. We will either be laughing at you, or too busy buying a new sports car