i have observed that now bitcoins arrogance causes its price drop
as soon as bitcoin looks too expensive, people start seeing bitcoin as some sort of arrogant cryptosect,
and the price drops, as will its popularity,
as soon as 12 000 USD are beeing reched again and people start speculating a price explosion again, bitcoin looks again arrogant for many and people will drop it
someone else expects the same?
regards
I usually like your inputs on the altcoin projects but you are taking this one too far up a rat's ass. The market works on numbers, statistics and trading volumes. Psychological factors aren't enough to manipulate the market. Only small-ballers, illiterate traders do the panic selling. Actually, I have no idea where are we goiung with this topic.