Finally a Long-Awaited Market Recovery

in #bitcoin7 years ago

Finally after a week long blood bath cryptos are taking a breather and recovering from the huge losses.
That is great news for people who didn't scare sell and held their BTC through tough times :)

Also Steem is close to 1$ again after a huge loss over the last couple of weeks.

Hope you have a great and successful day and that you didn't loose money in this huge market correction that led people to scare sell which dropped the price even lower.

Tough times are over now as all cryptos are in green again :)

Hopefully this positive trend will continue.

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This post received a 2.8% upvote from @randowhale thanks to @runicar! For more information, click here!

It will, though we may keep seeing this scenario pretty often, I mean, who of the big guys wouldn´t make the markets fall by converting to fiat and then buy when the price is low, thus collecting small investors money once in a while.

That is exactly what I was thinking. Big fishes dumping huge money to inflate the market and then buy when the price is at it's lowest as they know the market will rebound and bounce back...