Bitcoin price crash calls are coming from self-serving sellers: Analyst

Bitcoin Crash Calls Coming From Bear Market Hopefuls: Analyst

The post Bitcoin Crash Calls Coming From Bear Market Hopefuls: Analyst appeared on BitcoinEthereumNews.com. Some traders who are warning about an upcoming Bitcoin correction might be driven more by self-interest than by an unbiased view of the market, according to a Bitcoin analyst. “If you sold, you really want lower prices,” Bitcoin analyst PlanC said on the Mr. M Podcast published to YouTube on Friday, reiterating that those who’ve recently s…

Bitcoin Analyst Warns Price Predictions May Reflect Seller Bias

According to Cointelegraph, Bitcoin analyst PlanC suggests traders warning about price corrections may be influenced by self-interest. The analyst made these comments during the Mr. M Podcast published on Friday. PlanC stated that traders who recently sold Bitcoin often promote bearish views on social media. These sellers hope to see prices fall to justify their exit decisions.The analyst explained that people who sell Bitcoin want lower prices …

Bitcoin price crash calls are coming from self-serving sellers: Analyst

Bitcoin analyst PlanC said those hoping for a Bitcoin bear market tend to be more vocal with predictions of lower prices when sentiment is weak.