This situation makes people wonder if Bitcoin is going down completely. And here’s another point of agreement we share with Morgan Greek founder, who said: “While price volatility can be emotionally painful, we continue to reiterate to our clients that Bitcoin is acting as we anticipated”. On August 24 of this year, with Bitcoin around $6,500, Anthony Pompliano wrote “we are likely to see Bitcoin near $3,000 before we see Bitcoin at $10,000 again. If this is true, that means we still have ~50% price decrease to go. Things may get really, really ugly if this happens.”
The thing is we are looking at the market which is really volatile. Like, really volatile. So it’s take it or leave it. We recommend you take it.
And here’s Anthony’s tweet we would like to share with you:
History lesson:
- People feared electricity
- People feared first train
- People feared first plane
- People feared the internet
- People feared hedge funds
- People feared Bitcoin
People fear what they don't understand. Don't get caught on the wrong side of history.
Trade smart.
Trade with Trodax.
That's a valid comment, trying to predict BTC price seems like a hell of a task, but being optimistic is quite often the best strategy
Best regards,
Trodax Team.