"Morgan Stanley has some good news for Bitcoin bulls, however: The 70 percent decline is nothing out of the ordinary, and whats more, such corrections have historically preceded rallies. Just as the Nasdaq gained back much of what it lost in the subsequent yearsbefore the financial crisis pared losses even furtherbitcoin could similarly be ready to stage a strong recovery."
Source - https://www.forbes.com/sites/greatspeculations/2018/03/28/looking-ahead-to-20000-bitcoin/#646585822ec5
Great to always see good news of crypto in the news. Of course, the bear trends still continue but this piece of optimism is always nice.
What do you think?
Source - https://www.forbes.com/sites/greatspeculations/2018/03/28/looking-ahead-to-20000-bitcoin/#646585822ec5
Great to always see good news of crypto in the news. Of course, the bear trends still continue but this piece of optimism is always nice.
What do you think?
Yes, it is always nice to hear good news, especially in such a market situation. But I personally do not think this will happen soon.The price of 20K will come back very hard in my opinion.
