Would expect a sell-off in the next few days, based on Bitcoin's chart, which would be normal for Bitcoin, before its next leg up, if Bitcoin continues its uptrend.
Sure is fun to watch.
endtimenews
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And Bcash prices are soaring up!
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Maybe people will sell Bitcoin Legacy and it will crash down to $2000 and they use the funds to drive up Bitcoin Cash to $1000+. Then, simply sell Bitcoin Cash to re-buy Bitcoin Legacy, and repeat the cycle. Perhaps this is how the two Bitcoins will pan out. Interesting.
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I may be wrong but I see it all bullish small pull back sure but August 1st is behind us people are jumping back on the train and in order to buy other currencies they need BTC there is no stopping it now...
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Not true for many exchanges, as many of them, people can transfer US Dollars to the exchange and then buy any Crypto they want without ever having to first buy Bitcoin.
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you are partially right but the higher volume exchanges are also in China/Asia and they drive the price of Bitcoin high also on some exchanges you can't use fiats at all anyway the price just went up again...
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My crystal ball could be wrong but it looks like there's a lot of support at the 3100-3200 range. A whale might try to jump out of the ocean -they seem to surface after surges. But the hedge funds are just starting to jump in and I think they'll eat the big whales like the sharks they are. Just my .02.
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If memory is correct, the latest web bot reports says Bitcoin will correct down 28%. So 28% of $3400 is less $952, which puts the Bitcoin correction crashing down to the $2448 range, before its next leg up. Will Clif High be right about Bitcoin again? If so, Bitcoin will crash down 28% like he said.
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I can only hope BTC corrects that much while ethereum keeps marching up. I traded my btc to eth at 3200.
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