Expectations too high

Since Bitcoin went to 109000 USD on the day of the inauguration of Donald Trump, the price has steadily been dropping to 79800 USD this morning. Right now, BTC is trading at 83600 USD.
Now, our mainstream media here in Belgium blames it all on Donald Trump. The expectations he set before the presidency are not met, they say, and they are unobtainable...

Some even speak of a new Crypto Winter. Which I find quite laughable. Every cycle the bull run has been accompanied with dropdowns of 30 % and more. Now, we didn't even have a 30 % drop. But once again the media fall for the same trap. Crypto winter is there, or Bitcoin is over, or you name it...

While we are still early in the bull run, and we can expect Bitcoin to at least double up from here.

Don't be fooled by the media, people, do your own research, but never trust the MSM!

Sincerely,

Pele23

Posted Using INLEO