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Author Topic: Is this the end of the bloodbath?  (Read 957 times)
maokoto
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July 18, 2017, 03:37:18 PM
 #21

Good to see bitcoin going up again, but I think there can be some downs before raising only again. Market is volatile and can change in just these days.

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July 18, 2017, 03:42:26 PM
 #22

My guess is no new ATH until 2018.

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July 18, 2017, 03:49:25 PM
 #23

Everything is up and looks bright as ever. Is the bloodbath over?

In the world of investing they call it a "Dead Cat Bounce".
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July 18, 2017, 03:51:33 PM
 #24

I think it is safe to say for now that the bloodbath has already ended. Yet, in cryptocurrency anything can happen so we always have to prepared...at least until August 1 has already ended and nothing unexpected happened. The bloodbath for cryptocurrency market is largely due to the rumored split of the Bitcoin network and now that news are coming in that it would be unlikely the market is reacting happily.

Bitcoin is finally surging back and it would be possible that it can continue for a while though there can also be a little correction right before the August 1 decision day. Or that there can be some profit taking before that dreaded day. However, there is no question that this bloodbath can be over though some little aftershocks can still happen.

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July 18, 2017, 03:53:40 PM
 #25

If it breaks $2500, i think we will see new ATH this year.
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