Quote from: cellard on September 25, 2018, 07:50:43 PM

They tweeted this recently. The dude with glasses that's always on the Fast Money show, I don't know his name but you should know who im talking about... the guy that's always bullish, well turns out now he's being bearish and predicting lower prices.

The fact that CNBC is as mainstream as it gets and they are going bearish makes me thing that the capitulation final stages may finally be at play. When these guys tell you to FOMO is usually the opposite, now they are telling you to sell. When the casuals start hating bitcoin is when things are looking good. This may be it.

I have to somewhat agree that the chart for Bitcoin seems bearish right now. I know that's not what we want to believe, but a descending triangle is a bearish signal. Charting is not an exact science and I am definitely no expert, but I have been following several supposed experts (not CNBC) and they are mostly saying that the chart is still showing to be bearish until it proves otherwise.

At some point there has to be a breakout in one direction or the other. I think if the price drops, it will be a good time to buy more Bitcoin.