Are we in a bull trap in the crypto market?

in #crypto7 years ago

I cannot figure this market out; three weekends back the price dipped and I bought; the price continued to dip so I couldn't recover my money and am still waiting to sell some of what I bought. The next weekend was the huge dip to 60 billion but I held off buying because I'd been caught the previous week. Now the prices are stable and even rising just a week before the big August 1st test for Bitcoin. So I wonder are we getting played by George Soros into buying a bull trap and losing value big time in the next month? Your thought appreciated.