Leading crypto currency Bitcoinhas fallen by over 85% since $ 20,000, the highest level of all time, and still no one is sure whether the fall is over.
According to many experts, crypto currencies have many different indicators and reasons for decline or ascension as an asset class compared to others. While the decline or rise of assets with a longer date, such as gold or dollars, can be reduced to specific indicators and technical analyzes, some movements in the crypto money market are in the direction that no one can predict, and this shows the effect of both social manipulation and the social media, which are of great importance for the crypto money market.
In 2018 TetherEven the rumor that it would be punctuated from the Binance platform led to a $ 1 denial of a dollar-indexed crypto currency. Famous analysts of the crypto money industry Murad Mahmudov This time he made a different analysis and emphasized that tweets about Bitcoin were at the same level as 2014 and were lower than any of the levels achieved in 2016.
Mahmudov stated that this was insanlar in his view ve absolutely catastrophic in the medium term, and that ın speculation ın was the biggest use of crypto coins and that the biggest hope that the market currently has is speculation and the greed of the people.
1 / This screams bearish.
Tweets about Bitcoin at the same level as 2014, like nothing has changed.
It is an absolute disaster. pic.twitter.com/dtdsuepx1t
– Murad Mahmudov (@Muststopmurad) 3 February 2019
The extinction of interest in Bitcoin can mean that the interest in the whole crypto-money sector is extinguished and we can only be sure of it by experience.
The famous analyst Mahmudov warned about Bitcoin: Ali Emre KONAKÇI has prepared the article li I think this is definitely a disaster in the middle term ard and it was published in koinbulteni.com.