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RE: Double Bubble Analysis: update

in #bitcoin7 years ago (edited)

The correlation is definitely there, but the market has changed. I believe that the recivery will be significantly swifter, especially with the introduction of greatly increased institutional funds. A the moment crypto is fighting against its natural upward trend. I have spoken about this at length in my own posts over the last three days.

The fact is that it is oversold and trying to make a bear market out of a bull one, it will fail. This dip is temporary and the recovery will be swift and powerful. Very good times are ahead, stock up on the right coins while they are so ridiculously cheap!