You are viewing a single comment's thread from:
RE: Cryptocurrency capitalization markets leak more than $20 billion in just a few days.
Clearly, the market got overheated and FOMO buying took over. Naturally, that would set off some profit taking from those who've been around the block a few times. Following a more realistic growth gradient for BTC based on the last 6 months, we should be sitting around $1800-2000 right now...
The monthly charts do indicate that @denmarkguy - this was plainly a market correction and a requirement to get us up to higher ground :)