Sometime one gets lucky, but there's times that one gets extremely lucky. Well, the good news is that my prediction last week on the downfall of the Bitcoin was right. As I stated on the previous post, this move was quit obvious, but the real question was the timing, when will it happen?
I mentioned that it will probably occur within up to a year. It happened the following week.
Anyways, whoever follows not only the price of the bitcoin but also the talks around it, know that governments are taking more and more active attitude in order to restrict the use of that coin.
Will it sustain on the long run? I really don't think so, that's why I stay Bearish.
I mentioned that it will probably occur within up to a year. It happened the following week.
Anyways, whoever follows not only the price of the bitcoin but also the talks around it, know that governments are taking more and more active attitude in order to restrict the use of that coin.
Will it sustain on the long run? I really don't think so, that's why I stay Bearish.