Bitcoin echo bubble is once again in the news! Many ace investors and bitcoin experts are of the view that Bitcoin is in an ‘echo bubble’. The technical-trading term has gained quite a following lately ever since prominent hedge fund manager Mark Dow used it to describe Bitcoin’s price movements. He went short on Bitcoin after it touched a high of $20,000 in December 2017. Mark Dow recently tweeted a warning that Bitcoin will ultimately face a ‘grinding death’ after suffering from many FOMOs and spoofs with varying intensity and frequency. Bitcoin echo bubble represents the perpetually decreasing price of