Crypto influencer David Gokhshtein explains why he thinks Bitcoin is slowly bottoming out
David Gochshtein, former US congressional candidate and current founder of Gochshtein Media, shared the view on Twitter earlier today that bitcoin is currently hitting a bottom – but slowly.
He has pointed to the main factor that made him think so. Aside from that, this influencer was criticized by Cardano founder Charles Hoskinson today.
Here’s Why Bitcoin Could Fall Down, According to Gokhshtin
The head of the above crypto media platform believes that as soon as people start abandoning bitcoin, it will be a sign that the flagship crypto has indeed bottomed out. Gokshtein believes this is happening slowly, given the vibrancy on social media.
At the time of this writing, Bitcoin is changing hands at $17,033. About a week ago, Gokhshtein also posted a similar tweet, stating that he was glad BTC had finally bottomed out. Back then, Bitcoin was sitting at roughly the same price level.
Hoskinson reprimands Gochstein for spreading “fake news” about the Ripple case
Earlier today, Cardano founder Charles Hoskinson slammed the founder of Gochstein Media for claiming that Ripple’s case against the SEC would be resolved on December 15.
Gokhshtein’s tweet was based on what Hoskinson stated in his recent AMA (“ask-me-anything”) session on YouTube. In claiming that the former congressional candidate was spreading “fake news” during his AMA, Hoskinson emphasized that he stated it not as a fact or opinion but as a rumor he got from somebody else.
Despite the heated debate, Gochstein still politely called Hoskinson a “great ambassador” for the crypto space.
Earlier, Hoskinson stated that the outcome of the lawsuit would bring a “catastrophic” aftermath to the whole industry. As for Gokhshtein, several times this year he tweeted that he expects not only Ripple and XRP to skyrocket should Ripple win against the SEC, but also he expects the entire crypto space to follow in its footsteps.
