An analyst and trader, Mr. Flood (@ThinkingUSD), who splendidly covers the prediction circle of margin trading, sw one part of uber-bearish inclination that is normal for all Bitcoin (BTC) permabears.
As indicated by Mr. Flood, convinced Bitcoin (BTC) bears have encountered massive losses with the leading cryptocurrency in the past when margin trading. In some level, the truth of the matter is that these traders long for a steady decay for Bitcoin (BTC).
The correlation between permabears and people who have lost a lot of their bitcoin margin trading is staggering. It's almost like they want to see bitcoin fail because they've lost all of theirs…
— Flood [BitMEX] (@ThinkingUSD) April 19, 2020
Along these lines, the story of the perpetual bears has more to do with their envy-fueled cognitive inclination as opposed to the analysis of innovative and tokenomic possibilities for Bitcoin (BTC).
Scott Melker, a popular trader and analyst, completely supported the situation of Mr. Flood and derided the talkativeness of some CT bears cited, “This is a brilliant observation. I never understood how people could have such disdain for an asset that they engage in conversation about on Twitter every single day. It’s like obsessing over an ex.”
The declaration by Mr. Flood raised an intriguing discussion with his Twitter followers. A portion of the followers are uncertain about whether it is appropriate to recognize the Bitcoin (BTC) bulls and bears.
(Photo : Flickr)