Max Keiser, one of the most followed and controversial analysts and influencer of the crypto ecosystem, was recently interviewed by Bitcoinist. In the interview, he presented his vision about the future of cryptocurrencies and the reasons why he is optimistic and calm hodling in spite of the strong bearish trend of 2018.
Max Keiser: Another Long-Time Bullish
According to Max Keiser, the “panic” problem is because many of those involved in crypto did so during the 2017 bullish streak. However, for those who fall into the category of “early adopters,” the behavior experienced in 2018 was something to be expected:
“The Bitcoin price got way ahead of itself, and we saw a typical pullback. Since I first started buying BTC in 2011 at $1, I’ve seen a few of these … The long-term chart is fine. It’s still bullish …
The long-term trend is intact and will continue its upward path. ”
Indeed, Max is right, from the point of view of technical analysis, the behavior of Bitcoin is still strongly Bullish, with a favorable projection for the coming years even more if certain events such as the Halving, ETFs and the growing interest in institutional investments are taken into account.
https://ethereumworldnews.com/bitcoin-at-100k-the-dark-prediction-by-max-keiser/My grandmother can tell you the exact the same thing. I bet my house that btc price in 10 years will be higher than today, but what is the point of holding bitcoin from 20k all the way to 3k for a whole year or 2? did Max not sell his btc before the fall? i doubt it! , does he care about my portfolio or yours? no he does not !.
regardless of these analysts intentions, they always tend to mislead the masses. only a few of them warned about the fall, charlee lee was one of the honest people who warned everybody about LTC going back to 20$ from its ATH. most of the other influencers kept talking about their 50k and 500k for btc , poor folks kept buying BTC only to see it dropping, while the whales doing their thing, those who bought for 1 btc for 15k and still waiting for 50k while could have bought more than 4 btc at today's price.
long story short, you can't ignore the near future possible prices and keep calling for MOON that could be YEARS far.