I am in immense pain to say that i foresee the fall. I would not be surprised if we lose from this point to 50-60 percent.
Accirding to my knowledge institutional investors are bidding out from crypto and stocks.
Stocks has already dwindling now and same will comeback to crypto.
I know some will say it is a fud but friends i am not joking. You are free to not to buy my thoughts.
Hope i will save someone.
Thank you.
Price today: 7930 usd per bitcoin.
Ps: sorry for typos i am on smartphone and oil is in my hands, i saw something ehich i could not resist..so i decided to spread my words with you guys.
Well, I don't know what information indeed you have got from whom and why are saying that institutional investors are bidding out from the crypto and stocks. Let me tell you that according to my knowledge the professional traders are not going to leave the crypto and stocks for now because I think there is some more room left over there crypto coins are going to accumulate for another few months and it is expected to break the $20k price level and it will soon make a new record high. Actually, pro traders are making the market situation feel like it is going to crash so that amateurs who are holding will leave the market and they will enter soon on the start of the new uptrend.