In the news, or media, we see different analysis from different “experts” predicting the future movement of Bitcoin, with that action, holders tend to hold more or even increase their shares.
And you expect that they're going to keep on coming telling different predictions because that's what they're up to. You're going to see them tell such predictions and will mention that they're an expert in some point.
Although coming to the point that these experts probably know little to nothing and they just joined the bandwagon, thus they're giving predictions that makes them a good investor.
They're all for the clout and they've got no credibility but only the media to cover them.
Most of them are self-proclaimed experts and they are just giving their own predictions.
Just like any of us, they are also humans trying to make a good guess for what's next in this market.
And most of the time, they only predicted a good one, and they try to paint that they all know about what's next.
Volatility seems to be not going away anytime soon in this market, and that's the reason why a lot are coming into this market.
This factor is the attractive feature as they can earn profits at a short period of time if they know what they are doing.