Post
Topic
Board Economics
Re: Will BTC and large coins recover?
by
Sitipxz
on 17/04/2018, 16:29:16 UTC
https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/

We know that cryptocurrencies are without a doubt changing hands right now, but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours? Is this the end, are the days of bull runs over in Crypto? Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this?

If you know the history of Bitcoin you would know that Bitcoin has proven itself many times, it is really hard to go against bitcoin as it repeatedly able to recover from price crash.

Bull run was already over a few months ago you should know that we have reach almost $20,000 and price dropped to $6,000.

Yes we are having a hard time breaking the $11,000 resistance and probably this are the accumulated results of bad news about bitcoin and crypto currency. There are also giant social media companies that are banning Crypto currency related ads.

There will be an end on this bear market, we will be able to bounce back sooner or later.