You are viewing a single comment's thread from:
RE: A quick history lesson with Jeff, Bitcoin Historical Review that is Plus Elliot Wave definitions
I think we will be range bound for a good time while fundamentals sort themselves out. I don't think we have lots of buyers or sellers until the market gets more clarity on regulation at least. There is a ton of institutional money on the sidelines and that will be a catalyst for a new bull run. However, more FUD or bad types of regulation as we could head lower.
While investors “wait”, nearly every major corporation as well as governments on all levels are inquiring/implementing blockchain...
This market should be recouping better than it is, though sadly I wouldn’t be surprised to see another dip in the near future.