am i the only one noticing this pattern?
when bitcoin price was rising in other words during the rally which lasted long enough, all the news was about praising bitcoin. bitcoin was even the headline and on the first page of major financial news papers! there was talking of how great bitcoin is and how it will go to large prices that we never even dreamed of!!!
and when the tide turns and the inevitable drop occurs the news turns with it! i actually find it very interesting how many negative news i am seeing these days. news of people calling bitcoin "fraud", calling it bubble, dying even, people who are now saying bitcoin will never be adopted (as if they never heard of Japan for example). and lots more.
Well to be honest, i will say that this is how the financial markets move, the Newspapers, Radio,TV, and internet all wants other amateur traders to stuck up their capital in Top or bottom and by this way they make losses if you follow them blindly. They don't want you to make money, because professional will make money from your losses and so the media is really misguiding us . I have came to know that all the media sources gives us positive news when the cryptocoin is trading at top and then they gives bad news when the cryptocoin is trading near bottom.