RT @TheBTCGame: IMO, Bitcoiners owe some gratitude to @marksweney for this @guardian article. Bitcoin is painted as a safe haven along side gold, up from $3,196 in 2018, driven largely by the coming “halving event,” connected to past BTC price appreciation.
The only reason the price is going up is because of whales/institutions manipulating the market. They are priming it for a big sell off for profits for themselves. Only an idiot would buy right now. Either HODL or sell.
Would you say someone who wants to buy should hold off for the incoming dump?
It seems to me it’s all so bloated with halvening anticipation that the price is being jerked around artificially. So my question is then, how long does this balloon blow up before it pops?
Guardian know very little about anything. Used to be good, but total bland mainstream nonsense. Wouldn't take any notice of what they say. The price is up because it's up, it may go down. It doesn't matter, it's about the long game of wrestling the money control away from state.
Going into Halving is a bear event due to the uncertainty it generates in the miners market. You also have the CSW bear threats. Latest price move is just as likely to be due to the latter's claims falling through.