RE: What really drives the price of bitcoin – fundamentals, technicals or just plain manipulation?

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What really drives the price of bitcoin – fundamentals, technicals or just plain manipulation?

in bitcoin •  6 years ago 

Wow...It's like watching a storm gather...
How many here think this is a HUGE upcoming bull trap?...
I think we launch to at least 9.4k in the coming weeks...
then plummet back to 4.5k area?...Lot's of money to be made either way...

bitcoin
6 years ago by

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      ·  6 years ago 

    I'm one of them! We have been rejected at around 8.1k three times now, implying a huge correction is imminent. 30% would be my guess.

    4.5k is an overstatement imo, but in the same time I would like to see the price drop that far down!

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