Markets climb a "wall of worry". When everyone knows something is going higher, that's when it drops. When everyone thinks something is too high, that's when it keeps going. Bitcoin especially. There is so much leverage involved that until it gets cleaned out, it can't run away. Once the world seems convinced it's going back down to $70k, that's when it will run to $125k. This is why I just own it and forget about it.
But my question is are there really people with insider information are just some big guys know how to control the market to go where they want it to
It's not insider information. It's just very experienced traders using millions and millions of other peoples' dollars to manipulate the public into doing what they want. It's kind of like a professional poker player vs a bunch of casual players. Sometimes the cards just go the newbies way, but 19 out of 20 times, the pro is going to win.
19 out of 20😳😳 this guys have a serious hold on the game for sure
perfect philosophy and concept bro, the best thing is to not watch and wait for a really long time. They said it's unpredictable but the only part we can predict is it'll rise pretty high years to come
Better option, owe it and forget about speculation to avoid heart attack.
The whole thing works opposite our expectations, expecting a dip it goes up. I thought it'll be like 80K after dropping below 100K now it's almost 100K.