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RE: Crypto: Are we seeing real buying or something else?

in #crypto6 years ago

The news fundamentally continues to be positive for bitcoin and cryptocurrencies; it is just the fact of the large increase we had last year is still finding it balance as more types of investors have gotten in with a shorter time frame for their goals. This is likely to continue until a catalyst mive the market either way.

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Correct. We are still working off the excesses from the move last year. Once that is worked off, we go up again.