Who is behind the recent Bitcoin conspiracy?steemCreated with Sketch.

in #bitcoin7 years ago

I have previously posted a couple of TAs for bitcoin's recent correction, predicting that the price would bounce around 10k USD. Here is one such intentionally comedic yet relevant example from a fortnight ago:

Screen Shot 2018-02-03 at 12.25.42.png

Based on pretty much all sensible technical indications the correction was NOT a crash, just a very much needed correction because of the bitcoin mania in the lead up to the new year. However, just as the price was nearing the expected 10k bounce point, we suddenly had a slew of overhyped negative news and even a fast food commercial claiming that bitcoin is over.

I discuss this and the near future of bitcoin in my latest video:

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.031
BTC 60795.60
ETH 2627.31
USDT 1.00
SBD 2.58