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Why Wall Street expects Bitcoin price to drop to $10,000

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by COINS NEWS 152 Views

Yes these "gurus" and "experts" are full of shit, there is zero doubt about it.

But consensus over a top price is always fraud (only to offload on fools), whereas consensus about a bottom tends to happen because people actually CAN continuously dump the price. It is not like wallstreet needs you NOT to buy up all the bitcoins or they will not be able to buy them, right? It is more like creating a FUD so the price does drop to that level and they make money with futures, and the more the price falls the more it tends to fall. The race to the bottom is far easier than race to a new ATH, no comparison.

Back in January they started to float around articles about a market crash and why this would be "good". Believe them when they say this shit will tank more. Do NOT believe them when they say it is dead, this is the moment to be contrarian.

The two things are asymmetric.


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