Cryptocurrency Prices Slide
Total Market Cap Down by 12%
Does the bearish trend continue?
Or is this a temporary dip before the next surge?
Bitcoin at $2,5XX and Ethereum right over $200. Steem also dipped similarly, sitting at $1.25~
I'd like to know what you guys are thinking. My estimate is that it's a minor correction, maybe a bit of FUD before August 1st, and then the optimism will be back afterwards.
@mikev Errbody just needs to go to the store, get some antacids and beef jerky, and power through until Q2 of next year.
ha! yes @chefcryptoshark - I'd say that would be a smart move. I'm sure we will look back then and wish we could get these prices!
hodl bb
yes @roch3 - and buy the dips!
This post has received a 0.91 % upvote from @booster thanks to: @mikev.
Things could be playing out similar to the correction we had in May before another substantial bull run.
May:
Now:
I think this scenario is likely if the market's fears surrounding the Bitcoin hard fork become in any way alleviated.
great post, mikev as usual!