What's all the fuss about?
Not sure why there is so much fear out there with Bitcoin. The chart shows just a normal retracement from the April breakout to the upside. The article below quotes the trader saying "The bitcoin chart looks 'pretty scary'.
The chart I provided is from tradingview.com.
http://www.businessinsider.com/bitcoin-price-blackrock-2017-7
And the article states that he is advising his clients to stay in broader global stocks so he is afraid of Bitcoin chart but he's confident staying with stocks.
Hmm... I would say BTC for the long run?! However, a stock from Google will do well in the long run to... Google search engine, android, other projects...)
No doubt stocks will do well over long run but for this guy to say bitcoin looks scary but he's comfortable with the way the Nasdaq looks is nothing more than try to scare his clients to not think about going into bitcoin.
We are in a new age cryptocurrency market that's only 9 years old compared to Wall Street that's 200 years old! Give it time.
I just recently wrote an article on BITCOIN. Please read and upvote!
https://steemit.com/bitcoin/@alt.life/red-wedding-bitcoin-is-over-already