RE: Don't Panic! HODL! More Evidence Emerges that the Future of Crypto will be Super Exciting

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Don't Panic! HODL! More Evidence Emerges that the Future of Crypto will be Super Exciting

in bitcoin •  6 years ago  (edited)

We are still early - in the grand scheme of things. Institutional money has not even come in yet. Price will dip hard just before they enter.

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I agree. I think the price still has further to go down. The price move we saw up to the 6.4 level looks very much like a dead cat bounce to me. The whales 🐋 want to shallow up some more Bitcoins, before the money comes in from institutions. If the price goes down to 5, or beyond, we’ll see a lot of FUD stories about the Bitcoin bubble bursting. Don’t believe a word of it.