Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: FUDS started against Bitcoin as asusual
by
Mpamaegbu
on 19/12/2021, 05:34:47 UTC
⭐ Merited by The Pharmacist (2)
I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling.
Well, I guess those you think are fudding maybe doing that from hindsight, giving the happenstances of past years and how price reacted to them. I'm one of those who believe that Bitcoin will get into a bear season in 2022. I'm guaging it from the 2018 data. If what happened in 2017 played out in 2021 as predicted, then I don't see why the dip which has been predicted for 2022 won't come upon us. The same way we accept FOMO should also be the same way we look at FUD. It shouldn't be a one sided optimism. I don't see anything wrong with reading Bitcoin charts objectively and saying it the way it is.