@The One: I mostly agree - volatility will be high in the next weeks until the first act of the Segwit2x drama is "locked in". The pretty "bland" downmoves of the Bitcoin price gives me some hope that it - in the case of BTC - won't be too bloody, however - maybe even the $1850 low holds fine until mid-July, when I expect a new attack on $3000 after Segwit is locked in.
What surprises me is the hard crash of Ethereum. I had expected other altcoins like Ripple and Dash to crash much harder, but it's ETH that is really
falling down like a rock.
The big guns are scaring off the newbies and buying up all the "panic coins" ...... We see this happening over and over again. The speculators are
very nervous and they set their triggers when there are sudden drops in the price and the big whales knows this. The bots kick in and the panic
sell starts with a downward spiral and then the whales pick up the cheap coins. This is great for people like us, because we love all these cheap
coins. { The whales also knows what is going to happen after the 1st of Aug and they create this drop to pick up the last cheap coins, before
this thing goes to the Moon }
