Bitcoin's Price Dropped Over The Weekend. Here Is Why

Bitcoin's Price Dropped Over The Weekend. Here Is Why




Here is why I think the Bitcoin Price has been so choppy. Thoughts? SoFi is the exclusive partner app of The Best Business Show.

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About the Author: Anthony Pompliano

20 Comments

  1. You keep saying bitcoin is growing as a network …. Show me the growth in adoption , how are the number of users with 0.1 bitcoin and higher growing !? They are not anywhere near the growth rate in 2016

  2. I respect your content mate.. TA is good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. This is the worst possible time in history to invest as so many don't back up their crypto assets.More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market.I have made over 12.5 btc frm day tradn with Paul Charlton insights and signals in less than 2 Months…He's very accurate and always yields a great positive return on investment.

  3. <Stay calm, thought we all got used to the ups and down of bitcoin, it hit ATH recently which made the price amazing for every early investors and will be back soon, it's just bouncing back to normal price for the rest of us which is good while for those who got in for the first time its otherwise. who hold the longest will profit the most, I trade and hold profits keep up the great work Tom and also Tom Brown has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 16btc lately..

  4. Next news all major VCs selling their holdings. That won't be reported. Only retailers are selling crypto in this market now? Why there is no real reporting happening analyzing the address and reporting who is actually manipulating the market? IS this real supply demand issue? Or you guys know it and don't want to report it. Sell more trading coupons and get people to trade more. Stupid channels.

  5. But what if the us bans btc. Micro stategy will have to sell.. Result a really really really big drop.. So the problem is already there.. Especially now that the 🇺🇸 is saying that btc isnt what it is.. So what is it a security? An accepted tool by the 🇺🇸 goverment? Now this could create some problems..

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