This analyst, who normally specializes in gold investing, argues Bitcoin is about to take a dive. Does he have a point? What about his implication that Bitcoin is largely a Millennials' phenomenon?
You should know that everytime that an analyst takes a look over the charts, they are always going to talk about the same crap, that it is a bubble, that it is unstoppable.. And so on.
That is because the charts are insane, they really look like a bubble, but no one knows if it is really a bubble or not.
It is not because i do not want to judge him, but that is real.
Take a look over the charts, modify it to see the all time chart, you will see that the only thing that you can see is a huge green candle.
This scares every one.