Yes very likely. Although this space seems to move very quickly so when we do hit the bottom I feel we will see a rapid accent as buying confidence improves.
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Yes very likely. Although this space seems to move very quickly so when we do hit the bottom I feel we will see a rapid accent as buying confidence improves.
I think you are right. depending on how the possible fork pans out, the bottom could be over before you know it and we could be back on the rollercoaster climb! Have to wait and see I suppose.
Maybe all of that chaos is happening now and it will all start to flatten out this week. Still flat on the weekends regardless and come August 1st I am sure we will see when the world does not blow up we will just surge forward again.
It could even be better than that if all negative news is priced in early. If things start to look better the price could increase even before 1 Aug.
I feel that is already happening to a degree. People also get accustomed to market influences and change and learn how to react accordingly. After 26th we will know for sure what direction the market is heading I feel unless it is going sideways. :) We may see a little more downtrend and some uncertainty. I prefer to power forward and stick to my long term plan.
You could be right. With miners signalling Segwit early, things seem to have calmed down and the price has gone up 10% in the past 24 hours. It could just be a dead cat bounce of course! Time will tell.
Yes we could see another slump this weekend. Seems like the trend at the moment. The Friday and Saturday crypto blues.
So sell on Thursday and buy back again on Sunday!! May work but a bit risky being out of the market! If there is good news......