Price Action Shows Collective Sentiment

in #cnbc4 years ago

BTC has so many “ENEMIES”, both imaginary & unreal ones. Such as the evil “Banksters” who always “steal” BTCs. Or the greedy “Whales” who spook markets to make you drop your BTCs! And then there’s #ElonMusk, who causes crashes for fun! He’s a Bad Boy!

The above is faceitous! Elon does NOT crash markets nor is he able! The Whales don't control Bitcoin! Price action is the most direct reflection of the collective sentiment.

Just as many think CNBC calling for a crash would indicate to do the exact opposite. This is only the effects of sentiment.

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Love that people blame Musk from manipulation right after saying stuff like this

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