These guys are just playing the market because they can , you don't need many bitcoins to play this game. We now also have gov's and banks in it (all want to buy cheap BTC so that they can control it). Keep some liquidity up your sleeve there will be more dips coming up soon.
Note: Please do your own research before making any financial decisions.
You are viewing a single comment's thread from:
Yeah I know. Its really scary to know that these people hold so much power over the price of Bitcoin. I might be wrong about this but it seems the first wave of the reverse elliot wave have begun. I think you're right. Bitcoin might drop even further. Perhaps till the $8k mark. I am keep mostly cash with the hopes of getting Bitcoin at a cheaper price.