RE: Whoosh23 Nov 2019 23:15
Has the sentiment really changed completely?
Peter Brandt responds
The veteran old-school trader believes that perhaps Bitcoin needs a long journey below the line (i.e. bearish one) to let the price prepare for surging towards $50,000.
Peter Brandt states that Bitcoin bulls on Twitter are only a hindrance to that and states they must be gone to let the market rise properly again:
“When no bulls can be found on Twitter, then we will have a great buy signal.”
Tuur, I think a prolonged journey below the line might be needed to thoroughly prepare BTC for the move to $50,000. The bulls must first be fully purged. When no bulls can be found on Twitter, then we will have a great buy signal.
— Peter Brandt (@PeterLBrandt) November 23, 2019
Bulls here are apparently those who wish to wake up the next morning and become a BTC billionaire or at least by a Lambo without accepting the market as it is – with its bears, big price corrections, etc.
Experts keep warning – the crypto market is highly volatile, do your own research, do not invest more than you can afford to lose.