Toby from Crypto Tips YouTube channel with 218K subscribers still thinks new all time high Bitcoin price by the end of the year.
Toby thinks the price dip is due to traders using leverage and advises against that. He is not worried because in his 19 years in crypto he has seen multiple pullbacks of similar percentages and he shows a chart to illustrate his point.
I think there may be more selling from the Mt Gox funds being returned to people who lost their BTC in that collapse years ago. But supply is down due to the halving and there are still plenty of buyers so I expect this dip to be short lived.
Just look at that Fear & Greed Index on the CoinMarketcap front page! It was about 90 at the recent top. Now it's way lower so I think a reversal is coming soon.
If you agree, get your Bitcoin and HIVE and #PEPE while its all On Sale!
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