“Game Over” if Bitcoin Declines Further, Leading Technical Analyst Says

[emjay825]

The price of Bitcoin may never return to its previous highs, if this year’s lows are broken, according to Jeff deGraaf, a well-renowned technical analyst. This was reported by CNBC, which quotes one of his reports for clients.

Jeff deGraaf is the founder and Chairman of Renaissance Macro Research, an independent advisory firm. He is a Chartered Market Technician (CMT) and Chartered Financial Analyst (CFA), designations given by two of the most prestigious international organizations providing such certificates. Even more impressively, he has over two decades’ worth of experience with technical analysis and has received multiple awards for his work.

Read more: https://cryptovest.com/news/game-over-if-bitcoin-declines-further-leading-technical-analyst-says-post-5125/

[sugarchrisp]

How do we know this guy isn't just trying to FUD bitcoin further because he wants it to fail?  How do we know he's not just someone who banks are paying off to spread disinformation.  There are many others whose technical analysis says the exact opposite of what this guy is saying.  I don't really intend to listen, I think bitcoin and blockchain in general are the future.