Every day, I see news on my screen stating that the CEO of a certain asset management company has said that Bitcoin’s price will multiply by a certain amount in the coming years. Someone else claims that Ethereum’s price will reach $15,000. Another person gives an interview to a news channel, saying that Bitcoin’s market cap will reach $10 to $20 trillion. What I want to say is that these news stories are provided by the owners of these companies themselves to the media so that these reports appear attractive to investors, encouraging them to invest, which in turn raises the share prices of their companies.

An average investor who does not understand blockchain technology is unaware of the issues currently facing the crypto industry. They simply buy based on the news from a wealthy investor, who himself may not understand blockchain. The biggest example of this is Donald Trump—he does not understand blockchain, but he sees money in crypto. The same applies to all major investors.

The original creators of Bitcoin aimed for a decentralized financial system free from banks and government economic policies. In the beginning, government agencies targeted those who conducted transactions in crypto, seizing their assets. But when crypto gained some popularity among the public, governments and capitalists saw money in it and started taking control of it.

Now tell me, where are the computer experts who initially mined Bitcoin? Have you ever read any statements from them? No. Except for a few exchange owners, you will never hear the names of the people who actually created these coins. However, capitalists constantly try to buy and push the price up artificially. Later, these same investors will sell everything, and the public will lose their money.

I want to tell you that Bitcoin is currently highly overvalued, and it still has more room to go down. It will likely stay at $60,000 or $50,000 for months. So, focus on your trading calmly and don’t pay attention to these news reports.

$BTC $ETH $XRP #UkraineRussiaCeasefire #AltcoinETFsPostponed #USTariffs