Bitcoin Bears Predict $40K Based on ‘Self-Induced Fear,’ Say...
Grand News Network September 9, 2024This was reiterated by the CEO Samson Mow on 3rd January, pointing out that a ‘fear-based market’ ‘never lasts long’ as fundamentals normally ‘override’ the market in the long run. Some traders who believe that the value of the asset will come back to the $40,000 might do so out of fear rather than the likelihood of a technical analysis based on the chance of more rewards, says Samson Mow, CE...