Where do you see the price of BTC and altcoins heading? Do you think cryptocurrencies will see more gains?
This is just the beginning of the year and we had still 3 quarters and 1 more month for the year to end . Thus this provides a huge time for any crypto investors to buy the coins at lower rate currently and then sell if required once the price stars to move upwards. Also if some good news comes in the market the price will move upwards quickly .
Yeah, and it is even normal to see movements like this in the beginning of every year. Sometimes last year, we had some situations like this and at the end of the day the market came back strong and we started testing new ATHs on bitcoin and other coins as well. The day is still very young and we have a lot ahead of us. I believe we will still see the market back strong and we should always remember that corrections cannot take place forever as well as spikes.
Obviously crypto markets will continue to spike higher. The good thing about the cryptocurrency market is that it is still new and if we are to consider the present adoption rate, it is even still low and we have not seen anything yet. I so much believe that generally, the market will always have some high level of spikes but it takes patience. There is a time for everything in the market, a time for increase, decrease, consolidation and so on.
i also notice it that every first quarter of the year, the bitcoins price do always decrease but eventually it will also recover and make its new all time high just before the end of the year and for sure this could also happen again , that is why we should prepare for it as early as possible. but overall crypto markets wont spike higher all the time because people do also sell out thier coins and that is the reason on why the markets are falling but it should soon increase if they are be able to buy again.