Post
Topic
Board Economics
Re: huge crypto market correction incoming
by
SashaAbraham
on 05/12/2017, 14:37:45 UTC
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

https://gyazo.com/d0acc37f197a677ac4752650c7e94e77

Man, I comletely agree with you! You are absolutely right. That growth that we see now is not healthy. It is something outstanding. Unnatural. It is all because of that awful histeria from massmedia. Correction must occur!