Topic: Is this a suckers rally! (Read 339 times)
These type of downward rally is not uncommon. There will definitely be a bull run and these kind of scenarios are nothing but the warning for the upcoming bull run.
The market of crypto currency is extremely unpredictable. A bull market was expected by some investors. Yet it is still not sure, investors should have patience and wait till the price of the coin reaches 7000$ before taking any step. The market should be properly analysed by the investor and act upon in.
There is still a doubt among the investors that if the market will hit a bull run or not. The moment the price rises above $8k, then that is the got o signal for the investors to start selling the coins.
It's always good to be cautious with the circumstances. But I think it's just a pre pump before Blackrock starts getting involved, just to catch attention. I suppose it'll be back to its normal position after sometime.
Funny. Most of my side projects are alts that just came out of ICO....they are not traded on big exchanges (only a few DEX's) and therefore I hardly notice a difference in my pf when BTC rises or drops 
. I remember the days I had quite a few coins of projects directly tied to btc's behaviour....I was stressed out often since my pf could rise and drop 20% in a day .
Anyway. I hope BTC soon goes on another big run again. I think blockchain has way too much potential for bitcoin keep getting stuck between all this bs. Even big banks are now shifting their focus and telling people that cryptocurrencies is something they are looking into themselves too....adapt or perish
. I remember the days I had quite a few coins of projects directly tied to btc's behaviour....I was stressed out often since my pf could rise and drop 20% in a day . Anyway. I hope BTC soon goes on another big run again. I think blockchain has way too much potential for bitcoin keep getting stuck between all this bs. Even big banks are now shifting their focus and telling people that cryptocurrencies is something they are looking into themselves too....adapt or perish
Situation will be under control very soon. dont think about falling prize just wait for the right time. Very soon will get your desire profit I hope.
The situation in the crypto markets has long been under the control of large holders of capital. They decide which way to move the market and when to take off the cream. If you think that the up and down movements are on their own, then you are very wrong.
All this is about panic selling and FUD. There is no such a thing as a "bot attack", bots are controlled by people and whoever sells after all this years drops is really crazy.
Now the network has a lot of FUD, fake and scam, so it's worth being cautious about trading or investing...
If btc does $8000 USD by end of July then I will believe that the Bull run is truly back and we might head back to $20k levels before August ends. As it is now, one has to be careful so as not to fall into another bear trap
It has done $8000 before July but cant predict $20000 by August in such a short period. If it ever make $20000 by August, am afraid that might be the end or beginning of bitcoin for the year. Beginning if it succeeded on ETF ,end if it fails
I despise the people working behind these bots, but you can not expect these path to be smooth. 
Better to have an open eye at all times.
Better to have an open eye at all times. 
I don't think this is a suckers rally. Bitcoin is looking very strong and the market cap is near 300B. If we do crash there just isn't that much room for it to be a really bad fall. Risk to reward ratio is really favorable for purchasing right now.
Actually It's really confusing because investors wants to bull run or not based on this when the price rise that time people are started to sell their coins because they are waiting for this time actually.
Well good luck for you.I am hodler for a long time even if the alts fall down by 50% more. This is not a game.We are here for technology and this will stay in the nest 10 years and if you choose right projects you should not be worried
Right now bitcoins price is around $7714. If bitcoins price goes to $8000 in this July then it was a great achievement. At that time i believe Bull run is come back again.
No need to be afraid of all these downward rally right now, these sort of events are nothing but the calm before the storm (read bull run).
Situation will be under control very soon. dont think about falling prize just wait for the right time. Very soon will get your desire profit I hope.
We might experience again of down fall so this situation expects an unstable price. Price always rallying so let's expect the up and down of price. But hopefully we can see a rising price of bitcoin this months time.
Yes I agree with you. It’s always wise to stay away from the influences of these bots. Better to gain little than losing a lot
Previously I have seen these bots cause damage but later they were taken care of. I hope the same happens in this case also if what it seems is true.
In this volatile but promising marketplace, I think it’s always important to observe the details to avoid this kind of deceptions.
I think the market is waiting for some important news such as SEC decision on ETF...so yes I wouldn't consider this as a bull run right now
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