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RE: This was the cause of the recent bear market, what is next??

in #bitcoin6 years ago

What I think analysing yout data is that more market crashes are imminent until a steady market is established. I believe the market will be stabilised by Q3 2018 where it will start to rise juat as what happened in 2017. By december 2018 we could hope to see that sweet trillion dollar mark and when the public hears about this, the market is gonna bull run even more.
As of now there are a lot of individuals owning a lot of Bitcoins which many see as the primary store value of the cryptocurrency market. Since it us limited in number, once these so called "Whales" lose majority of them, then only we could see a market with less manipulation.

P.S. these are just my thoughts.

J.D

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Yes we certainly need a time of stability, where people are happy for Bitcoin to just build strong support at maybe 8k or something and then in the future we can see a big bull run again!

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