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RE: Bitcoin (BTC) Mid-Day Update: Capitulation Phase??

in #bitcoin7 years ago

It will go back up soon... Last year, the whose who of the Bitcoin world met at Richard Branson's private island.... They hyped and pumped it up with massive circulation between friends. Right before Christmas, they cashed out and celebrated. The little people held up the price for a bit expecting it to go even higher in the short term and lost with BTC down below $10,000 today (next few hours). Suspect they are waiting for the price to fall to a target price and will start again bringing it up over $20,000 soon. Holding and considering buying more while waiting to see how low it will go. Greed cycle will commence again soon.

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Told ya... Back up a $1000 in minutes over $11,000 :-D $25,000 for the next peak!

Source?

Price started to surge after their Bitcoin / Blockchain party...