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RE: BTC Tea Leaves Reading 14.05.2018 12:00 UTC

in #bitcoin • 6 years ago (edited)

Thanks, I've subscribed to you too, I can see that your last post on BTC aligns with my thinking 😃

What a lot of those "mainstream steemit crypto guru guys" missed (most likely intentionally as being bearish isn't popular and that's what they mostly care about) is that BTC is literally just finishing it's January's crash/correction swings and many of "the noobs" (sorry for the word) just got skinned so recently and it will take some time for the new blood to come in and push the price back up and possibly higher.

Whales aren't interested in donating to the price grow, they're here to make money but of course occasionally they'll pump the price as it's in their interest to see BTC growing and it's their way of stiring up small investors/traders minds, but the last little pump from the 12th of Apr, although very strong, has shown us that the crowd isn't ready yet. (I think I'll include this reasoning in my next post).

Take care