Matthew Kimmell, CoinShares bitcoin analyst, joins ‘The Exchange’ to reveal the signs he says indicate that cryptocurrencies could be nearing a bottom. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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    11 Comments

    1. <I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it's going bearish or bullish. While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket, I would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 12BTC in just three weeks, with the trading strategy given to me by expert trader Tom Brown.

    2. Allow me to paraphrase…. what he is really saying is, "The greatest pyramid scheme in history is unraveling and it is the duty of all the commercial interests to try hard to prevent mass panic and further selling, so I am here for that purpose".

    3. As I see it, as far as "currency" goes, Bitcoin has clearly failed. If it cannot hold its value reasonably when you need it (ie when the markets are collapsing) then it cannot fulfill that purpose. Ordinary money may be devaluing, but it does so at a fairly small rate. An interest bearing account is the same. But Bitcoin cannot be relied upon "when you need it".

    4. Your <explanation is realistic and straight to the point. On the other hand there are many ways of manipulating the market. Most people do not understand how the space works. Your advantage is understanding, Charts won’t guarantee what an asset is going to do. However, this can change if you have the assistance of a professional trader and signal provider like Cameron Chuang Crypto, who has made me nearly 10btc on a 2.7btc trade capital in the last month. In the case of BTC, it's difficult to make a bullish case simply from looking at the charts.

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