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RE: My thoughts on the market crash.... & other Bitcoin Cash news (Fork Update)

in #cryptocurrency6 years ago

the game is not over for bitcoin even there is a temporary price drop in bitcoin because most previous investors who purchased bitcoin earlier are selling now due to uncertainty and afraid without proper reasons and that is the main reason even bitcoin is doing fine and all the things are happening for its advantage the price is falling in a high rate but i think this situation will change very quickly and individuals who are in the market will understand so bitcoin will continue to increase in value with more demand
If I am not mistaken this kind of bearish market already happened three times in the early years to mid years of Bitcoin in the market and whenever Bitcoin reaches its all-time high it will soon crash and when the time it recovers it will reach a record-breaking all-time high than the previous one and I guess there is a chance that it will happen again.
But I don't think that Bitcoin will recover this year and if you study its growth it looks like its going down some more and when the time it reaches the bottom, that will be the time that it will start to grow again. Cool

And to the OP. Bitcoin will never be over because sooner or later this innovation in our monetary system will be appreciated by more people in the world and the demand will start to rise again. Wink

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