There are few possible options from what I think.
1. Correction.
As we see on the stock market the prices of the stocks are in a correction phase, just the same as crypto's.
2. Where in the next cycle.
3. Manipulation.
There are bigger entities than we know that manipulate the crypto, but does that also mean they manipulate the stocks?
Take these assumption with a grain of salt. My plan is to buy more crypto's while they are on sale because I believe in option 2, and we are ATM at the anger stage. It would take at least a few months to see a bull-run if not years. Good luck with shorting the market my friends.
Considering how fast the price went up it is normal to have a similar speed while going down. p.s. i have saved that picture above in my pc, it is very interesting.1. Correction.
As we see on the stock market the prices of the stocks are in a correction phase, just the same as crypto's.
2. Where in the next cycle.
3. Manipulation.
There are bigger entities than we know that manipulate the crypto, but does that also mean they manipulate the stocks?
Take these assumption with a grain of salt. My plan is to buy more crypto's while they are on sale because I believe in option 2, and we are ATM at the anger stage. It would take at least a few months to see a bull-run if not years. Good luck with shorting the market my friends.