RATE Group | Don’t believe the ‘doom mongers,’ says bitcoin analyst
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Don’t believe the ‘doom mongers,’ says bitcoin analyst

27 Aug Don’t believe the ‘doom mongers,’ says bitcoin analyst

Posted at 21:08h in Bitcoin News by

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Bitcoin prices have picked up where they left off last week, trading higher Monday.

After an early-August selloff, bitcoin and major digital currencies, have, for the most part, righted the ship. For one financial consultant, the decline is over, and it’s onward and upward from here.

“Despite what the doom mongers would want you to believe, the recent selloff was only ever going to be temporary and prices were bound to rise again relatively quickly — as they are now doing,” wrote Nigel Green, founder and chief executive of deVere Group in an email to MarketWatch.

“Previous to this selloff, in…

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