Quote from: BitcoinNewsMagazine on September 06, 2017, 02:53:15 PM

snip

Possible....

I just do not get the feeling that the fundamentals are going to allow a prolonged bear market at this stage.

There is too much money wanting in on the cryptospace- and BTC in particular.

I do not see them sitting idle for a year with $ on the sidelines -not when BTC performs the way it does and not when the rest of the markets are yield hungry - if not starved and I DO NOT see that getting any better anytime soon... do you?

Far more likely that the Crypto overall market cap is going to reach 1 trillion in the next year and a bit.. and whilst BTC dominance may or may not drop a little - BTC will still get a fair % share of that influx of capital...

So you do the math.

I expect volatility... maybe a breather here and there...

Then violent ratcheting upwards of price... (this could occur after a smaller in comparison "dip") I find this more likely than a year or longer bear market...

There seems little reward for funds that want to get in, to dillydally on the sidelines - people have seen the results of waiting another year for the past 8 years -and the case is stronger now (by far) than it has ever been.

Of course anything could happen - and I do wonder if we are about to see some more news from China that FUDs the market (more regs)