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RE: Why CryptoCurrencies are Falling

in #bitcoin7 years ago (edited)

A very good point you have made. I think there has just been an excess of hype and lots of new buyers of crypto recently which has caused the huge spike. The drop we are experiencing now was always inevitable. It happened back in 2013, this time I dont think the drop will be as far and the down trend will not last as long. My prediction is a low of $1500 per BTC, worse case scenario $1000. I am pretty happy about this drop as I see it as a chance to buy more while it is cheap.

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