This is getting a bit out of hand....

[tomahawk9]

I am still expecting a correction of $6000, and I am very optimistic about that always

LOL sounds like someone missed the train  

Are we already scared there could be a dump, even after several months of this voim taking a severe beating? What can ever satisfy mankind? Soon, lots of people will start a fresh round of fudding and calling others to quickly cash out.

Yeah, it feels like there's a new round of negativity and doubt among some people, it's like they're afraid of the current bull run? Everyone was expecting a new rally, but now that it's here, it is somehow a "sketchy" rally? I think some people can't get over the fact that analysts, experts, youtubers, or tradingview prophets with their 'fibonacci MA 1W line ascending convergence 0.88 xbt time paradox' TA charts, were unable to predict such massive surge in the price so, to them, this uptrend is odd...Meh, good thing they're the minority 

[el kaka22]

Going high is not really a problem to be honest with you. Not going low is the real problem. If we go high too fast then there is a chance we can go down as well. That is why as long as we are safe (which we are so far) there is no reason to be afraid of going up.

Right now, it is really hard for us to go back down to under 5 thousand, it is technically possible but it is not really that much of a definite problem right now and unlikely, so as long as we keep that level up as we go up for example 9 thousand but 6 thousand bottom, 10 thousand but 7 thousand bottom like that and it follows then there is no problem, however if it goes to 12 thousand but bottom is still 5 thousand then it will be a problem. As long as we do not allow that to happen with high buy orders around those levels then we are fine.

[jonahjonah]

We need a pull back and then, on?

I think we'll see a bigger pull back around 10K and then rally up to 20 

[South Park]

We need a good correction bro, you cant always want the price drive up if the market doing that will be not a good condition. Just only PUMP & DUMP scheme, right now we are still on bullish i already predicted we going to correction between $6500-$6800 or $6000-$6500.

If the mempool is any indication I do not see the price going down dramatically during the next days, there is simply too many transactions which indicate a huge interest in bitcoin and if that is the case then the most likely outcome is that we are going to see the price increasing during the next days and weeks, I would like to see a slow and constant growth but I do not get to choose the way bitcoin and the markets move in general.

[asche]

If the mempool is any indication I do not see the price going down dramatically during the next days, there is simply too many transactions which indicate a huge interest in bitcoin

I don't see the logic sorry.

Any price fluctuatin will generate transactions. That doesn't mean it will increase demande.

let's say bitcoin bottoms again, you will have even more transaction coming from people wanting to panic sell.

Or if the price stay high, some strong hands might use bitcoin to buy stuff. Again I don't see this correlated with the price at all.

[Kemarit]

We need a good correction bro, you cant always want the price drive up if the market doing that will be not a good condition. Just only PUMP & DUMP scheme, right now we are still on bullish i already predicted we going to correction between $6500-$6800 or $6000-$6500.

If the mempool is any indication I do not see the price going down dramatically during the next days, there is simply too many transactions which indicate a huge interest in bitcoin and if that is the case then the most likely outcome is that we are going to see the price increasing during the next days and weeks, I would like to see a slow and constant growth but I do not get to choose the way bitcoin and the markets move in general.

Nah, we shouldn't consider mempool a good indication, remember that Segwit is already gaining ground as well, there's no more choking, although it will clogged but it will clear up. Of course, everyone wanted to see the price going to 5 digits. But we all know that it won't be healthy for us in the long run. We should be more concern about the negative news coming out. We all know that when the price is going up, someone has the habit of releasing statements against bitcoin. So we should all prepared for that and not to be affected.

[raven7886]

I am still expecting a correction of $6000, and I am very optimistic about that always

LOL sounds like someone missed the train  

You caught him right there, because that is what we exactly do when we have missed the wonderful train, especially some of us that are taking quick profit. We don’t want bitcoin to continue spiking without having a retrace so that we can join the train again.

If we don’t allow our fear to overcome us, we might not see a dump anytime soon, because fear destroys market faster that it makes it. Fear of dumping, is what makes people to start to panic sell, why fear of missing out is what makes people to start panic buying, I think for now, we should be consumed with the fear of missing out and buying more.

[Leyss]

Already several times the price of Bitcoin was falling back for correction, and this is absolutely normal for him and a sign that he is able to continue to grow further in price. It would be much worse if it continued to grow in price without departing for a correction. Then he would have fallen very long. Therefore, we can say that the situation is still controlled, in the near future we expect Bitcoin to rise again in price above $ 8,000 and take a course of $ 10,000.

[1Referee]

I am still expecting a correction of $6000, and I am very optimistic about that always

LOL sounds like someone missed the train  

You caught him right there, because that is what we exactly do when we have missed the wonderful train, especially some of us that are taking quick profit. We don’t want bitcoin to continue spiking without having a retrace so that we can join the train again.

Not so fast boys, the price took a massive massive dump from $7700 to $6200 so the person you guys are making fun of has actually been right.

I have said it multiple times already and will say it again; Bitcoin has always been generous offering a second opportunity to buy lower. Not sure if this was the last opportunity, but it definitely was a great one to buy into. Too bad for me as European that most of the action happens just before we wake up so I missed it, but humans do need to sleep so I can't blame myself for that.

This high volume dump is exactly what the market needed, and if you think logically, you can't expect the price to show 5-10% gains every single day. In the end, we are still well above $6000 which is a good thing, so is there a reason to complain? I certainly don't think so.

[n0ne]

Already several times the price of Bitcoin was falling back for correction, and this is absolutely normal for him and a sign that he is able to continue to grow further in price. It would be much worse if it continued to grow in price without departing for a correction. Then he would have fallen very long. Therefore, we can say that the situation is still controlled, in the near future we expect Bitcoin to rise again in price above $ 8,000 and take a course of $ 10,000.

Those were small fluctuations, where the price used to reach around $8150 and then suddenly falls low to $8010 and from that to $7900. What we see now is a deep fall in value. Probably this will get growing soon when the corrective measures were over. Most of the users weren't in the mood of accepting the growth and once after the correction people will believe it is true growth and nothing manipulated.

[Lawrenzoo]

We need a pull back and then, on?

The pull back is here, now its time for everyone to buy and increase the price back to $8000

[buwaytress]

Talk about a pullback. Woke up to 7200 thinking wow 10% only to find out it had sunk as far as 6.3k in Asian trading.

I sold my regular bill paying portion at 7k so was hoping it would stay a little longer at 8k but gains are gains and we were expecting this weren't we?

Bulls should be pleased even massive sell offs is only making this dent.

[LeGaulois]

Talk about a pullback. Woke up to 7200 thinking wow 10% only to find out it had sunk as far as 6.3k in Asian trading.

I sold my regular bill paying portion at 7k so was hoping it would stay a little longer at 8k but gains are gains and we were expecting this weren't we?

Bulls should be pleased even massive sell offs is only making this dent.

Yeah, but we were hoping to see it lasting a little longer, not much, a week or so. I'm like @1Referee, always the same story, you wake up and discover you're late, the mountains collapsed  . I wanted to wait for $8,5k but decided to not, I could feel the correction coming and I sold a few bitcoins for $8k this week.

[TheHas]

We need a pull back and then, on?

I think we'll see a bigger pull back around 10K and then rally up to 20 

I think we've just had a main pullback. Will bounce back to 8.5k, then pull back to 6.5k or thereabouts, then push to 12k in august.

Obviously that's a total guess but that's what I'm predicting. Also think alts will improve but not uniformly. Only alts with working product or something innovative will ride some of the wave.

[michellee]

Talk about a pullback. Woke up to 7200 thinking wow 10% only to find out it had sunk as far as 6.3k in Asian trading.

I sold my regular bill paying portion at 7k so was hoping it would stay a little longer at 8k but gains are gains and we were expecting this weren't we?

Bulls should be pleased even massive sell offs is only making this dent.

Yeah, but we were hoping to see it lasting a little longer, not much, a week or so. I'm like @1Referee, always the same story, you wake up and discover you're late, the mountains collapsed  . I wanted to wait for $8,5k but decided to not, I could feel the correction coming and I sold a few bitcoins for $8k this week.

But you can set the alarm, so you are not late but nevermind, it already happens

People who can buy bitcoin at $6k will be happy because now the price is back to $7k and soon, the price will be back to $8k and fly away to the higher price. But for many people who cannot buy at that lowest price, you could still buy right now or in anytime because you are not too late at all.

[Questat]

We need a pull back and then, on?

The pull back is here, now its time for everyone to buy and increase the price back to $8000

We will certainly reach that price again, the pull back is healthy despite it reach at 11% dump today.
Bitcoin pump more than that percent in the last few days, so it's just time to see some pull back but we should not panic at this situation.

We've seen this many times already.

Man,  let's hold.