In principle, the situation is expected, bitcoin went to the correction, all this waiting for some time. Now I'm reading altcoins with a good profit. I'll wait a little fall and will particupate. Importantly, no such fall in summer and autumn
It was truly expected. The market went rapidly high within just very short and few periods with just some flash corrections that so many people thought were really a correction. This that we have here now is the main correction and even if we get to see some insane movements like this again, then we will still keep seeing some corrections like this, no doubt.
I think BTC price just go down temporarily and in the end this year. We'll see its price above 30k at least in 2018
It is obviously temporary and it does not have anything to do with the end of the year, it can happen anytime of the year and we have had so many of it in this year alone. It was expected for sure and this will breathe in more air for another new era. The only thing in my mind right now is to see this scaling issue solved as this is not speaking well for bitcoin. It is one thing to keep complaining and it is another thing not to have found a solution.