Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Maybe newbish logic here, but to me it seems that bulls are not selling because they expect a price rise, so it drives the bubble, while bears expect the price go south, so they sell, drowning the potential bubble.
Why are you saying bears are needed to get the bubble inflate?
Why are you saying bears are needed to get the bubble inflate?
Well everyone can't be a bull otherwise we'd be at a million already
there will be no bubble this summer. in september (or whenever etf gets approved) a steady bull run will start. it may lead into another bubble in q4. july and august will stay boring...
Pretty decisive statement, a couple of months is an age in Bitcoin land. Im actually thinking the murmurs of the next bull run are being heard and in retrospect we could be looking back with hindsight and saying the general 2014 bubble started at the end of May.
Predicting anything more than a week from now is as useless as it gets. It's just weird that people still do it.