US politician David Gokhshtein put a smile on the face of the SHIB community when he shared his pessimistic forecasts for Bitcoin. The crypto phenomenon wants Bitcoin to drop below $19,700. But he awaits higher levels for SHIB.
David Gokhshtein is waiting for Bitcoin drop SHIB price to explode, here’s why
Former US congressional candidate David Gokhshtein stated in his recent tweets that he wants Bitcoin to drop further. However, wanting the decline for “selfish reasons” means that he will buy at the bottom…
Why did Gokhshtein tweet such
Gokhshtein previously referred to Bitcoin as a “falling knife” in his tweets. At the same time, he implied that it would likely be dangerous to go long on BTC now. The US politician says it is better to wait for BTC to reach its confirmed support base. By the way, it’s pretty simple to explain the “selfish reasons” he added at the beginning of the tweet above. Buying more of the leading cryptocurrency in the drop made by many Bitcoin investors.
Earlier, Gokhshtein mentioned Bitcoin many times in a positive context. At the time of writing, the largest cryptocurrency is trading in the $19,700 region. On August 26, Bitcoin lost the $20,000 level it was holding. After briefly falling below $19,000, it is now trading between $19,000 and $20,000. That day, Federal Reserve Chairman Jerome Powell told bankers that the Fed intends to maintain its hawkish stance to beat inflation.
Gokhshtein wants SHIB price to reach $0.01
On August 17, Gokhshtein tweeted that SHIB needs to do himself a favor and rise to the $0.01 level. The crypto phenomenon had been bullish and enthusiastic about the Shiba Inu throughout the year. He also tweeted about it, often drawing more attention to SHIB and Metaverse. cryptocoin.com One of his most recent posts that we conveyed was about the SHIB rally.
However, the whales prefer to speculate rather than suffocate the SHIB. In the past hours, an anonymous whale has transferred 160,000,000 million SHIB. Details from Etherscan indicate that this stack of Shiba Inu is headed to the Crypto.com exchange for sale. Last Friday, another unknown wallet sold around 115 billion SHIB through Binance.
Over the weekend, the biggest Ethereum whales bought $8 million worth of Shiba Inu, for a total of 643 billion. Now they have $155 million worth of SHIB. Meanwhile, SHIB price remains bearish. It is currently trading at $0.00001242, down -1.50% from the last 24 hours.
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