Re: JP Morgan: bitcoin could hit $146,000

Quote from: Slow death on November 08, 2021, 11:13:29 PM

Quote from: NeuroticFish on November 05, 2021, 09:10:00 AM

Would it be enough for some nice week-end speculation? Cheesy

maybe, as I see when guys like that are making these predictions, it seems like the market reacts really fast and the price goes up, of course it's a coincidence. But the funny part of it all is that if the price dropped too much they would be making peximistic price forecasts. they surf the wave: price goes up and they show up with optimism, price goes down a lot and they show up with peximism

This is due to the lack of analysis of coin developments, even though the occurrence of ups and downs of a coin is very common, so whatever we often see in the market is normal, even when making predictions we have analyzed it well, meaning that whatever happens we can understand, optimism and pessimism are two things that we often encounter, depending on how we react to them.