This most recent drop was accompanied by major drops in equity, bond and commodities markets too. Is this one different? It certainly is!
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This most recent drop was accompanied by major drops in equity, bond and commodities markets too. Is this one different? It certainly is!
If that was part of the cause, and stocks continue to slide over the coming days/weeks like some people think, what does that mean for bitcoin?
I don’t think altcoin fundamentals have changed as much as the price suggests. I think we’ll see further declines next week due to general bearish mood
If stock market slides we'll get to see if crypto is indeed a new asset class.
I also see it as different this time. I am waiting for the 6.300 dollar resistance line or even the 4.500 dollars to buy. On my blog I made a list of the most potential known threats to bitcoin in the coming weeks.