I was also thinking that by now we should have a good correction in other to enable others to buy bitcoin at a cheaper price. We should not see to thing that the price of bitcoin will collapse base on technical or fundamental issue because bitcoin has come out very strong from must of them. September 2017 will be another month that bitcoin is going to make significant progress and we may see it above $6000 before end of the month.
For now bitcoin is very strong in it's current price we can really see it right now that the value of bitcoin keeps hitting in the $4500 value mark right now but don't get your faith up because there is a possibility that it can have a dip but I am not saying that it will drop, we can significantly see dips in every time bitcoin push further up there is a resistance, and you can never put that out and having a clear thought on having only the positive ones.
I don't think too dump would not be happen but as price fluctuates in upcoming months. You need to be understand the situation and hold the bitcoins accordingly. Sometimes our situation made us to sell to utilize it for different purposes.
I am sure that soon we will see a price reduction. Maybe a little, but it will. Analyst charts already show these signals. But I see in this a positive moment - we will be able to trade in alternative coins and buy even more bitcoins
A healthy price correction is somewhat needed a long the way because we can't keep the market on a massive bull run. Actually upon checking the price now, it looks like its down ~1%. I'm saying that a long the way price correction is good so that new investors can buy in dips. And I don't think that a crash is forthcoming, just a bit of price going down then we will see it recovered again and going strong.
I'm thinking along $5000+ would be a good thing to see next coming months before the threat of hard fork in November.
Depends the situation on market and the scenario of whales in next time, we have our own strategies to deal with them. But remember, management our capapital always important, even if you see some opportunities can helps you get rich, you should check again the risk careful before decided trading.
For me whales are not that influential anymore. If they want to move the price then it should be a group of whales coordinating to one another. I think bitcoin ecosystem doesn't worked like before. We already have a full backing of a country that is why its hard to manipulate the prices.
