Bitcoin bounces after drop from all-time highs: Four market analysts on what they’re watching

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Bitcoin bounces after drop from all-time highs: Four market analysts on what they’re watching (via TradingNation)

earlier in the week on fears of a regulatory crackdown from the new Biden administration.Here's what experts are watching now.

"I don't believe in bitcoin. There's no way that it's going to be a currency until the volatility stops. You can't walk into a grocery store with $100 of bitcoin in your pocket and by the time you get to the cash register, it's worth $50. … It'll still go up and down, still be a spec trade, but that's what it is, call it for what it is."

"Bitcoin, when you hit $30,000, people want to begin to spend that at the point of sale and you can't just spend cryptocurrencies at the point of sale.

 

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TradingNation BTC just doing what it’s done 5 outta 6 January’s ,When riding a bull that bull will buck to throw off weak hands in the same way Tesla / US $/ gold / oil don’t move in straight lines . It’s amazing after 11yrs the MSM still don’t understand Bitcoin but are happy to spread FUD

TradingNation I’m giving out 4btc

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