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RE: Bitcoin Trend / 06 - 02 - 2018 / Banks & Crypto War

in #bitcoin7 years ago

First comment on your blog from me. I agree with everything and I share more or less the same point of view for bitcoin - it is a coordinated effort by banks and governments (the establishment) to kill bitcoin. I could see it a few months ago and because I bought crypto mostly in November 2017, I was quite concerned of how the bitcoin price exploded - I was happy to make some money, but also very worried that bitcoin only attracted the attention of the reptiles. I just hoped we had a bit more time before a crash happens - my expectations were that we could see some more growth at the beginning of 2018 and then I expected a crash in March/April similar to the one we're having. There was too much media attention and too much euphoria for it to last much longer!
I am curious of your opinion of bitcoin price/future for 2018 and will appreciate it if you share it. I noticed you are bullish in the long term - 25K before the end of the year. While I believe this is possible, I have become more of a skeptic now with this crash and all the negativity surrounding bitcoin. This, for example is very concerning news:
http://btcpost.net/index.php/bitcoin-news/704-bis-wants-to-ban-bitcoin
In my opinion, it could take more than a year before we test 20K again. I am not a technical analyst and I might be wrong though. But so far many technical analysts have been wrong about bitcoin price as well.
Cheers!