Bitcoin under media attack
Greetings,
I did a quick Internet search for "Bitcoin" before the weekend to see what the media had put out about the revolutionary token that's been threatening the dollar particularly strongly this month.
What I found wasn't surprising to say the least; fear, uncertainty and doubt. It seems like a coordinated media attack on bitcoin, and crypto generally, with article after article from 'expert analysts' (of large establishment financial organisations that have everything to lose) say how it's doom and gloom ahead for bitcoin and all cryptos.
There were spots of positivity too, which is always refreshing to see, but the general effect on the market is people not knowing whether to buy or sell. Meanwhile there's a wedge developing on the #btc chart. What's going to happen at the tip of the wedge? Your guess is as good as (probably better than) mine.
Ade
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