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RE: Daily technical Analysis Bitcoin (BTC/USD): Has Bitcoin Reached the Bottom or it is Just some dead cat bounce.

in #bitcoin7 years ago

A friend asked if there was to worry about the first fall to 13k. I told him that we could see it reach as low as 6k this year although I don't think it will reach that low. The truth is it could it could go as low as 1k and we wouldn't be worried would we? The best way not to be worried is to remember that money does nothing. People do everything. Us who create the future have had our power recognized by the world, and now we can invest in the Transition to the Resource Based Economy and make it happen faster, but we have never doubted our influence on things to come.

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"money does nothing. People do everything."

Absolutely true, The Rise and fall is mainly due to people understanding TA Signals and knowing how to make money with that, Like you said for Money, Same applies to information as well, these signals do nothing apart from giving info its upto the people in market what they decide to do with it.

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