she saw a see-saw

in bitcoin •  6 years ago 

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Should she rise or should she fall now? If she rises there will be trouble. If she falls she will be double...

Very clearly someone pumped us up hard yesterday and then grabbed the proceeds. We are still above $6200, but another whale tail slap can knock us either way very fast. I think we might see a slow slide if a whale doesn't knock us around. We'll probably stay above $6100 unless there is a panicked sell off. Likewise, unless there is a biggish buy or some strong positive news, I don't think we'll reach above $6400. Either way, its still way better than it was when it fell below $6k. Even so, the drop isn't quite done. We're just half way through August after all.

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