Road to 100k has begun!!!
i recomend you my last comment on the topic opened 2 months agohttps://bitcointalksearch.org/topic/m.42297319
I went far from the WO thread to read that comment. I was scared out there. I found the post.
Resurgencing topic again because same think is happening, price is rising and everbody is hoping that ti will fly to the moon, yes i think it will fly to the moon but not with this rise, there are some sign of a giant rise and we are far from it now, so what will happen next month is an intermediate loop becoming from mini loops, it may rise to 8-9k then fall to where it starts. As this topic opened nearly nobody believed what i said only %10 of users seems supporting but it was obvious for me just like now. Manipulator is convincing people that price is rising with steep moves, free market can rise but not like this, free market should rise slowly , if it moves steep it is suspicious for me. again alot of people hunting news for an acceptable reason to that rise but it will end just like in july and this time intermediate trend may end in below the last bottom. But for a short time you can enjoy with rise.
If you wonder how a giant rise come it simply come after volatilty ends and it took months to convince all investors to it will be historic , so dont expect too much thing from volatily.
I fundamentally agree with this view. We're still deep in some big player's games. There's this move away from Bart Simpsons into a slightly different pattern, but it's only apparent on shorter time frames. I'm not sure we are due under 5k, but a steep, grim fall is ahead. We really need some capitulation to call it a night - at least in the form of vanishing volatility.If you wonder how a giant rise come it simply come after volatilty ends and it took months to convince all investors to it will be historic , so dont expect too much thing from volatily.
All strictly SOMA, it goes without saying.
I agree with an assessment that consolidation tends to be accompanied by decreasing volatility, but in the end, we cannot ever really know how long the consolidation period is going to last and at what point the price is going to be pushed out of the consolidation range - so in that sense nothing is inevitable in bitcoin whether we are talking about a need for a deep correction or some other suggested "needed" BTC price/performance path.
