Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.
I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.
Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.
Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.
https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.
https://alternative.me/crypto/fear-and-greed-index/Retail investors are very uncertain about bitcoin right now.
What are your thoughts?
As I will still maintain, looking on the brighter side of the dip that this is also an opening for new investors to come into the market and not actually signalling a panic into the markets. My colleague confirmed to me that now is the best time for him to now make purchase of some bitcoin and more ethereum! The market is virtually still very active with demands and supply and it will all result in the future sustenance and boom of the market later.