Bitcoin’s Parabolic Move Shows Why It’s a Sucker’s Bet

Bitcoin has been on a tear lately, exploding from $3,000 to over $13,850.While pundits try and ascribe reasons for the move, bitcoin traders who have managed to ride the wave are cheering. For now. If anything, this wacky move only serves to support the long-term bearish argument on bitcoin. What Goes Up… One of my […]

The post Bitcoin’s Parabolic Move Shows Why It’s a Sucker’s Bet appeared first on CCN Markets

Source: https://www.ccn.com/op-ed/bitcoins-parabolic-move-shows-why-its-a-suckers-bet/2019/06/26/

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