This does look like a classic example of a bear trap, I don't think we're going anywhere. Perhaps we touch 117-118 and then move back to 120.
i think we are going to slowly dip below 115 and then start to pick up speed as we go lower
the bottom is only XX days away!
get your fait ready!
Is this from using your psychic powers or are you basing this on anything?
One important piece of information is the obvious buying/selling disparity. Every time a whale comes in over the last few weeks, they are selling. There have been almost NO whale buyers. That means that people in with the bulk of coins, know that the price is going down. Not to mention, the fact that the price is so easily pushed around by these comparatively tiny whales means that the market is like 80% speculation, 19% volatility bots, and only 1% actual bitcoin economy (not real figures - obviously).
Don't just sit around waiting for the next whale to dump and regret not selling now. Decide on a buy-back number now, and save your bucks for later.
