Last month
I posted an entry talking about whether we had hit the highs in the recent "short term" bull run. I was very close to getting that high right.
Here we are, 2.5 weeks later and the Alt-coin market seems to be down 30%+ and floating at that level for a while.
With the upcoming Halving event in a few weeks, does the community think whether we still have more than 30% drop to go (from the highs last month), or
is it a good time to load up on Alt-coins again?
It appears that recent short term downturn for altcoins market is passed, with Bitcoin is also rebounding from downturns of last 2,5 weeks and now it is trading above $69,000 often setting the tone of cryptocurrencies market. Nevertheless, it is crucial to recognize that crypt currencies market is very volatile and unpredictable therefore we may encounter similar cycles of ups and downs in future.