Quote from: Kelvinid on March 09, 2020, 10:28:48 PM

Quote from: TheAndy500 on March 09, 2020, 06:52:04 PM

With such large price drops, this is actually not the best time to buy. I think it is better to wait at least a few days for the situation to calm down. However, in my opinion the price will fall at least until the end of March.

It will probably this will continue to drop in the coming days or maybe until the issues have resolved. It is quite to think that people are selling it now just to use their Bitcoins and other cryptos for their needs because it might possible that there is a problem in regards to money cashout from the banks and this their option to take. Only I hope that it won't getting and every crypto holders that are in need today will never sell it badly at low prices coz this will trigger for a huge market dump and turn into bearish again.

I think this is the beginning of the short-term bear market. I think the situation will not improve until halving. It is possible that when companies start making quarterly reports, it turns out that there is an economic catastrophe and people will start withdrawing capital from classic exchanges and buy cryptocurrencies, but this may happen at the earliest in a month, maybe two. Thats why my opinion that by the end of March prices will rather fall.