No matter what anyone says, it’s all just speculation… or is it?
The one fact no one can deny is that the value of bitcoin along with almost every altcoin out there plunged to 50 percent or less form their ATH (All Time High) value of 2017.
With that being said … Do you realize, BTC gained 7k+ USD value in a single year?
Call it what you want, but I see it steadily rising.
Bottom line is, dips WILL happen, but why? Well, there are many theories and speculations floating around everywhere when there is blood in the streets.
For example, did you know some have said BTC has a crash pattern that takes place every year (at least for the past 4 years) They say “You can plan for it exactly 23-24 days before the start of the Chinese New Year” … Like clockwork
Others will tell you that after value rises in digital coins a correction is just inevitable.
HUGE drops in BTC value have also been blamed on fraud and regulations.
Oh and the latest reason things may have gone in the red … several banks around the world banned their customers from using credit cards to purchase cryptocurrencies
No crypto can just rise and rise without ever dropping. None, sorry. So get your head straight on that major fact in order to survive the game and buy during the dips, don’t panic.
As John McAfee says: Buy the f’n dips!!
Leave your comments below. Are there real reasons for BTC crashes? Is it just speculation?
Does the blood run in the street because of annual regular crypto routines, are they inevitable corrections or due to fraud & regulations … or even the latest banned BTC purchasing with credit cards imposed by banks.
None of the above? is cryptocurrency dead? or something else altogether?