Current Bitcoin Price Trajectory Similar to May 2018, Prior to $3000 Drop: Analyst

Current Bitcoin Price Trajectory Similar to May 2018, Prior to $3,000 Drop: Analyst

Since Bitcoin topped in June, mainstream haters of cryptocurrencies and related technologies, such as Peter Schiff and Nouriel Roubini, have asserted that BTC is in an “echo bubble.” While many have laughed off this sentiment as pure delusion, the charts may be telling a different story.