You are viewing a single comment's thread from:

RE: CONFIRMED - Bitcoin is going back up! This strong correlation never fails!

in #bitcoin7 years ago

I think it was probably the bottom. The two questions i'm interested in are: Do we go sideways for awhile before a big uptrend, or a big fast recovery?
Will altcoins lag as bitcoin rises, or will enough money and interest in the entire crypto space make all coins surge at once?

Sort:  

Hi Dan,
I think we might still have some weak hands around that will keep the price down, so probably sideways for a while until whales decide to jump in once we get some good news such as Coinbase adopting Segwit and more advances on the Lightning Network. Tether would be a Black Swan lurking also, gotta keep an eye on that one. regards!

Great points. It will also be interesting to see what the stock market does, and if they go phasic or not.

stay blessed with travel..........i love crypto whatever happens

Bitcoin is one of the biggest opportunities since the invention of the internet itseif....great times to be around.......

valuable post..thanks for sharing