Whether there is or there isn't, "perception of loss" will probably drive the into a temporary downspiral. It will be interesting to watch.
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Whether there is or there isn't, "perception of loss" will probably drive the into a temporary downspiral. It will be interesting to watch.
Another bloodbath perhaps?
I don't think so. I think what we will see is a classic case of human psychology play out. A movement in the market that is separate from the actual value of the currencies. Crypto currency is not a tangible asset so people will fear "losing everything". The dip will be human expectation and tendency toward negativity / chaos when there is change. I.e. We don't err on the side of positivity when the unknown / change strikes. I think we will get dip, plateau, dip and then rise to a new height. I'm tipping August 8th will be a prime time to buy back in. At a guess. Predictable.