Post
Topic
Board Speculation
Re: Bitcoin Bull Run Over? Mati Greenspan Reveals a Shocking Analysis
by
Evan_Doyle
on 30/07/2018, 07:13:06 UTC
I feel like these news are there to only mislead people and keep them away from investing in BTC. Even when BTC rose up to 20,000$ people were making negative remarks and posting articles on how BTC has been hyped. I don't thinks articles like these will leave much impact on the recent growth of BTC.


Yeah this article is crap. There's no bull run, and there's no reason to be calling for it to be over either. So what if the Japanese and Koreans decided to buy bitcoin? How does that mean that it's not going to rise anymore?

There seems to be a big difference between the headlines and article content these days, probably because most traders don't bother to read much deeper anymore. I think they're trying to sensationalize it. Besides, the guy works for a forex broker. He's not a real analyst, he just knows how to read volume charts.

It is true though that devaluation of a currency is good for bitcoin. Let's hope that the Japanese, Chinese and Korean central banks all drop their currencies in fear of a trade war.