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RE: Let's Talk—Are Cryptocurrency Markets Cyclical In Their Behaviour?

in #bitcoin7 years ago

I have no doubt bitcoin will turn around. Having held through multiple corrections of massive magnitude (btc has corrected by 80% five times in the past), I have little doubt this will turn around. Each of the previous highs were called a bubble, yet btc still made higher highs in the months after. A decent correction and possibly a bear market is needed to clear out some of the crap coins that have sprung up all over with no use case and no real purpose. I’m sure the decent coins will rise again!