Looks like we are in a bubble. With Bitcoin not breaking well past 3,000 and holding those levels, I predict we will see a big pull back before we continue higher.
With all the newcomers in the industry, they will get spook when the market dips and cause a bit a short term panic, creating a great opportunity to buy more imo.
The pullback will be good for the market and make it a bit less volatile in the future. Also, I wouldn't be surprised if some governments try to take down the currencies in the near future or at least disrupt it.
All good for us because I don't see cryptocurrencies going anywhere.
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Yes the pullback will put out of the market all the people that are not strong beliver and will give opportunity for strong believer to add more to their position. It will be a purge of panic seller and will give to the market the opportunity to grow at a steadily speed with no major drawback.
Why are you not seeing futur for crypto ? Governments will try to tax it, and of course some will try to shut it down. But it's international so it will be a stupid move to my opinion.