Of course the crypto markets will correct. Nothing goes up forever. When my friends and family started calling me last week wanting to know how to get into Bitcoin and Ethereum, I realized thats the new paradigm! When Goldman Sachs and these "financial institutions" start getting involved say Bitcoin to $50,000. Time for a correction.

The upcoming 'split' in August is nothing new. Its just more publicized this time. This threat of a hard fork has happened several time in the past. Remember Bitcoin Unlimited... yea me either!

I'd say its a low probability that well hard fork into more than one Bitcoin chain. Because yes, it would be a disaster and a PR nightmare. I just can't seem these successful companies shooting themselves in the foot like that and sinking the boat that floats them. I'm call mostly FUD on this.

Don't be fooled, this is a market cycle. Just prepare to buy the blood in the streets.

Thanks for the post though.