The John McAfee Effect--> Bitcoin erases 300 loss and turns positive on the day after McAfee gives his short term prediction

The question speculators are asking after John McAfee latest tweet--> Whether or not John McAfee is trying to defend his dickline after making his 1 million bet. Bitcoin has been under tremendous pressure, if fact, misery is at an all time high as traders are getting rekt on both sides of the table. The tables are certainly against John this morning

This morning the tech pioneer shared his short-term prediction, some say, he is desperately trying to defend his dickline but the market gave a relief rally following the tweet after suffering more than 300 dollars down on the day to turn positive.

Here is the details of McAfee proposal of the chain of events to happen

Here is Bitcoin 1 hour reaction following the tweet.

At the time of writing this post, there has been media reports that the meeting between the Americans and North Koreans are off. Nonetheless, Bitcoin has manage to remain neutral on the day and has given doji on the daily.

What these chain of events are showing is the noise in the market. An icon in the fields sends out a tweet and receives 500+ likes and we get somewhat of relief rally. I tend not to focus so much of these events but they are worthy to be noted. My strong beliefs if a name/ crypto you like drops in price, you deploy capital to work. There has been numerous rumors of manipulation and while this may have some merits I don't tend to focus on it either because the crowd loves when the prices are going up and conspiracy comes out when the prices are going down.

What is more important is the fact that mathematics is on our side. Our trust is not in personalities or politicians but in the code of the algorithm and that's a powerful thing. Its mathematics with known variables against varying economic models that has drive countless nations into unprecedented debt. The more people become aware of these known facts, the more powerful Bitcoin and its legions become.