I want Bitcoin to go lower, says David Gokhshtein, here’s why

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Yuri Molchan

This influencer wants Bitcoin to go below the current $19,700 level, but he also wants SHIB to reach $0.01

Contents

  • Possible explanation for Gokhshtein’s wish
  • Gokhshtein wants SHIB to reach $0.01

Founder and CEO of Gokhshtein Media, former US congressional candidate David Gokhshtein, stated in a recent tweet that he wants Bitcoin to go down further for “selfish reasons”.

Possible explanation for Gokhshtein’s wish

Earlier, this crypto influencer and enthusiast referred to Bitcoin as a “falling knife” in his tweet, most likely suggesting that it might be dangerous to open long positions on BTC now, while it is better to wait for BTC to reach the confirmed bottom.

His “selfish reasons” could be simple – to buy more of the flagship cryptocurrency on a dip, which is done by many Bitcoiners. Previously, many times, Gokhshtein mentioned Bitcoin in a positive context.

At the time of writing, the largest cryptocurrency is trading in the $19,700 zone. On August 26, Bitcoin lost the $20,000 level, where it had been holding and is now trading in an area between $19,000 and $20,000, once after briefly falling below $19,000.

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That day, Fed Chairman Jerome Powell stated in a speech to bankers that the Fed intends to continue with its hawkish stance in an effort to beat inflation.

Gokhshtein wants SHIB to reach $0.01

On August 17, Gokhshtein tweeted that he needed SHIB to do him a favor and float to the $0.01 level. The influencer has been bullish and enthusiastic about this meme coin throughout the year and frequently tweets about it, drawing more attention to SHIB and its Metaverse.

However, whales seem to prefer speculating on SHIB, rather than hoarding it. About an hour ago, an anonymous wallet moved a whopping 160,000,000,000 meme coins.

Details from Etherscan show that this lump of Shiba Inu went to the exchange Crypto.com to be sold. On Friday last week, another unknown wallet sold almost 115 billion SHIB through Binance.

Over the weekend, top Ethereum whales bought Shiba Inu for $8 million, which is roughly 643 billion dog coins. Now they have SHIB worth $155 million.

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