Does this current bullish cycle not worry anyone?
Most people that know how markets work know that healthy markets need to correct to continue growing.
The current bullish cycle is larger than the first and second one, where we saw some nasty corrections, meaning things could get real dirty, real soon.
Market cap has increased from $250B to $310B within 7 days.
I want to know what people think.
https://gyazo.com/d0acc37f197a677ac4752650c7e94e77
Most people that know how markets work know that healthy markets need to correct to continue growing.
The current bullish cycle is larger than the first and second one, where we saw some nasty corrections, meaning things could get real dirty, real soon.
Market cap has increased from $250B to $310B within 7 days.
I want to know what people think.
https://gyazo.com/d0acc37f197a677ac4752650c7e94e77
Whatever they are planning, soon many people will realize how Bitcoin will replace our old way of our transactions (Central Banks), but as of now it's still needed. I hope it will not fall down below $10k when that happens.
The rise of Bitcoin will continue as long as the Internet remains available. We also need part of the population to have access to computers, and we need enough redundancy in the blockchain for the Bitcoin transaction to be maintained.