BITCOIN price has fallen by 65 percent since its December highs but its correlation between emerging markets indicates the cryptocurrency could end 2018 explosively higher than ever before, according to bitcoin expert Thomas Lee.
We don't need to listen to another
experts here. If bitcoin exploded leading to the end of the year so be it. I already accepted that fact that this bear season might extend a bit, longer that we expected so I will be fine if no all-time-high is met.
Thomas Lee is an americal businessman, an investor and a financer. Such peoples do have immense knowledge and study about the concept they are into. Bitcoins won't shut down easily and it is highly impossible for any of the major cryptos to end up. Yes the price is getting much lower but it can increase as per the time passes by and we all have to trust positively into bitcoins and we should actively support them.
Right, they have immense knowledge but I don't think its applicable to crypto market though. We all know that this is prone to manipulation, pump-and-dump. So I don't blindly trust this so called experts. And besides, its obvious that they are bullish and wanted to influence the majority to buy because they also have a lot of investments in crypto.