The Media is All Over Bitcoin Have We Reached a Top?

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·@hilarski·
0.000 HBD
The Media is All Over Bitcoin Have We Reached a Top?
![BitNationational-Image016.jpg](https://steemitimages.com/DQmPRJQY7ZzjaiR2is9yMfQzRJFBMmPUDUU58no6RVgQx5j/BitNationational-Image016.jpg)

# In The Last Week We Have Seen a Flurry of Bitcoin News on Mainstream Media. #

Whenever I see the media talking about Bitcoin or anything hot in investing I start to think we are nearing the peak. Personally I think we are near a peak for this cycle. The night before I shorted Bitcoin at $2100 thinking that was the peak. Here is a link to the article [Bitcoin Trading Story, Beware the Bull.
](https://steemit.com/bitcoin/@hilarski/bitcoin-trading-story-beware-the-bull) I was about 8 hours too early. If I would have shorted at $2200 instead I would be able to have a nice down payment for a house, just sayin. We could continue to rise here with the Segwit news but I believe that will occur when we have more consensus. I am treading cautiously here at these levels.

## This is Why I Think We are at The Top. ##

Here is a list of the stories on mainstream media in the last week, taken from Google News.

Mashable-[The $80 billion question: Why are Bitcoin and Ethereum growing so fast?](http://mashable.com/2017/05/22/bitcoin-price-surge/?utm_cid=mash-com-fb-main-link#Ua0WdHsGWmqc)
Forbes-[Bitcoin Is An Asset, Not A Currency](https://www.forbes.com/sites/jeffreydorfman/2017/05/17/bitcoin-is-an-asset-not-a-currency/#1a810db92e5b)
Fortune-[Bitcoin’s Murkier Rivals Line Up to Displace it as Cybercriminals’ Favorite](http://fortune.com/2017/05/18/bitcoin-rivals-cybercriminals/)
Investing-[Bitcoin rally keeps going; tops $2,200](https://www.investing.com/news/forex-news/bitcoin-rally-keeps-going;-tops-$2,200-487420)
New York Times-[What Is Bitcoin? All About the Mysterious Digital Currency](https://www.nytimes.com/2017/05/15/business/all-about-bitcoin-the-mysterious-digital-currency.html?_r=0)
Barrons-[Trump and Bitcoin: Two Peas in a Pod](http://www.barrons.com/articles/trump-and-bitcoin-two-peas-in-a-pod-1495491752)
The Guardian-[Digital gold: why hackers love Bitcoin](https://www.theguardian.com/technology/2017/may/15/digital-gold-why-hackers-love-bitcoin-ransomware)
The Street-[Is Bitcoin Safer Than Gold?](http://realmoney.thestreet.com/articles/05/19/2017/bitcoin-safer-gold)
UNILAD-[If You Invested $100 In Bitcoin In 2010, You’d Be Worth $72 Million Now](http://www.unilad.co.uk/money/if-you-invested-100-in-bitcoin-in-2010-youd-be-worth-72-million-now/)
CNBC-[If you bought $100 of bitcoin 7 years ago, you'd be sitting on $75 million now](http://www.cnbc.com/2017/05/22/bitcoin-price-hits-fresh-record-high-above-2100.html)

## Some of the Stories Have to Do with the Ransomware Attack and Others with the Price of BTC. ##

Here is the Google Trends for Bitcoin over the last 7 days. This is the amount of times people do searches for a particular topic.
![2017-05-23 09_01_57-bitcoin - Explore - Google Trends.png](https://steemitimages.com/DQmNRfe3Hg9b5P7un26ibBg6RdcphBoRs6SasqaUKSEL7GU/2017-05-23%2009_01_57-bitcoin%20-%20Explore%20-%20Google%20Trends.png)

This is the chart for the last year.
![2017-05-23 09_06_03-bitcoin - Explore - Google Trends.png](https://steemitimages.com/DQmRtLqyWaj1XVgkHd7NqSJj36xyHmx6MHeiu14Jg8JceGK/2017-05-23%2009_06_03-bitcoin%20-%20Explore%20-%20Google%20Trends.png)

[Bitnational](http://bitnational.com/)

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