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Author Topic: Bitcoin Price Retakes $10K But Remains Short of Bull Revival  (Read 258 times)
NeuroticFish
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July 31, 2019, 11:55:19 AM
 #21

I'm still optmistic, we are in a good trend, if we reach 10.5 or 11k people will put more money and the bull will start again  Smiley

Even if we stay at the current under 10k level (which, in many traders' opinion is a bargain) we are good. Crypto winter is behind us and we can look to the future.
Why do people always try to "push" it higher and higher? We simply need more patience. Bitcoin will rise much more.

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vintages
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July 31, 2019, 08:35:06 PM
 #22


Why do people always try to "push" it higher and higher? We simply need more patience. Bitcoin will rise much more.

It's all about the 'immediate' gain/money.
Many of these traders care less of what the price will become in the future. Some are okay with the few bucks they are making when they day trade, coupled with the little pumps in the price of Bitcoin.
What they are forgetting is that if this price keeps pushing without corrections, it will affect the price in the long run making the coins near to valueless.
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