Re: Bitcoin: The Risks of a Government Crackdown
in response to
by
posted on
Mar 31, 2018 02:55PM
Bitcoin going lower before it goes higher, if it ever does. Real price of BTC/USD could be $100 or $200 - maybe $500. In a market where money is chasing any higher returns than offered by the traditional markets - bubble psychology took off and fueled a historical hockey stick that will never repeat in crypto.
Bitcoin in USD is down to 7,000 which is really a huge number when you think about it, but HODLrs who got in at more than 10,000 are feeling the pain, those who got in with leverage above that are freaking out, many wiped out. And the thing about Bitcoin although there are hundreds of better alternatives, Bitcoin remains 40%+ of the market cap of the entire crypto currency universe.