Having analyzed the crypto currency market for the perione of bitcoin falling from $ 1000 to $ 170, I can confidently say that now it is a very big correction. Many argue. that the bubble burst. but this is far from the case. On the contrary, now is a very profitable time for big investments and Bitcoin Cash is one of the coins profitable for investment. This is the first and most cool fork of fork. I advise you to buy at the bottoms.
Stock market and crypto markets, this is people hard working money, many might never invest in crypto after this bubble.
Agree and its a major issue that people don't take into account. People can call it a correction, FUD or whatever but clearly the bubble popped no matter the reason. This issue with it though is the amount of new investors that have been burnt that wont return and since Bitcoin is more visible in mainstream news the damage will be widespread. We need all those investors to increase prices across the board.
That is the difference between past 'crashes/corrections/News drops/FUDS' and now.