From all indications there is a very big dip in the price of Bitcoin and other Altcoins, but like they say the darkest moment are the ones just before the dawn.
I believe that cryptocurrencies generally will bounce back sooner than later because of the current dip in price, this is the time when most investors will want to buy cryptocurrencies and as we all know, when the demand on products increase, the price shoots to the Moon also.
So if I'm told that we are two weeks away from a massive bounce back in crypto markets, I would believe totally.
I'm no crypto expert but anything is possible in the crypto market and a lot of things could happen in two weeks.
Not to mention that if it dips more, the chances of a whale or a big investor "buying the dip" increases significantly. The blockchain technology has a lot of potential and is totally revolutionary, it's just a matter of time it starts to hit mainstream.
What goes up comes down and so i am not surprised if the price of cryptocurrencies dips down on the market but i also believe that if a cryptocurrency could fall on
the market based on market forces then i also believe the same market forces can still make the cryptocurrency to rise back and i believe that when more larger investors invests into the market then that
will make the demands on the cryptocurrency market to increase and when it increases then of course the market will bounce back and that is something that most of us are wishing for right now...
From all indications there is a very big dip in the price of Bitcoin and other Altcoins, but like they say the darkest moment are the ones just before the dawn.
I believe that cryptocurrencies generally will bounce back sooner than later because of the current dip in price, this is the time when most investors will want to buy cryptocurrencies and as we all know, when the demand on products increase, the price shoots to the Moon also.
So if I'm told that we are two weeks away from a massive bounce back in crypto markets, I would believe totally.
Probably around 60% believe. :)
I'm no crypto expert but anything is possible in the crypto market and a lot of things could happen in two weeks.
Not to mention that if it dips more, the chances of a whale or a big investor "buying the dip" increases significantly. The blockchain technology has a lot of potential and is totally revolutionary, it's just a matter of time it starts to hit mainstream.
What goes up comes down and so i am not surprised if the price of cryptocurrencies dips down on the market but i also believe that if a cryptocurrency could fall on
the market based on market forces then i also believe the same market forces can still make the cryptocurrency to rise back and i believe that when more larger investors invests into the market then that
will make the demands on the cryptocurrency market to increase and when it increases then of course the market will bounce back and that is something that most of us are wishing for right now...