Post
Topic
Board Speculation
Re: Bitcoin: Crypto Hedge Fund Says ‘We’ll See More Lows Before We Head Higher’
by
wuvdoll
on 10/01/2019, 05:19:09 UTC
~snip
There were many institutional market experts who had predicted bitcoin to test $40k or even $100k in 2018 but we experienced a whole different things then why should I bother these hedge funds this time ? They sound like triggering panic for their plan of getting cheaper bitcoins. Definitely a sort of spreading FUDs, please do not listen to them.

the whole point of Bitcoin and why it's the best is because it doesn't change randomly for no good reason.
This is the reason why I never look into anyone's opinion even from the crypto community then it will be with zero possibilities to bother for an outside analysis. Most probably those big media are not aware of fundamentals of bitcoins and not considering potential of bitcoin with respect to future but they do treat bitcoin very much similar to another stock and then speculating on bitcoins just like another stock. But, bitcoin market is fully relaying on its fundamentals of core concepts hence no need to bother about any short term speculations.