I truly hope that, although I still have a feeling that the market is coming down even further :/ Just because if you look to the total market cap graph on coinmarketcap. It just looks like the beginning of a dead cat bounce. meaning, the market can coming crashing down to 200 billion marketcap..
Which means the next bull run could take months to come. It really depends on blockchain project being succesful in a practical sense, and governments being cooperative to this technology.
I really hope crypto market cap doesn't go all the way down to $200 billion, but never say never. I honestly thought we wouldn't see current prices again, but the market had other plans. Just got to stay nimble and be ready to jump on opportunities the market offers.
Thanks for the comment! STEEM has made a nice bounce back above trendline support from this morning:
Let's see if it can hold and move higher from here.
I truly hope that, although I still have a feeling that the market is coming down even further :/ Just because if you look to the total market cap graph on coinmarketcap. It just looks like the beginning of a dead cat bounce. meaning, the market can coming crashing down to 200 billion marketcap..
Which means the next bull run could take months to come. It really depends on blockchain project being succesful in a practical sense, and governments being cooperative to this technology.
Let's hope fore the best!
I really hope crypto market cap doesn't go all the way down to $200 billion, but never say never. I honestly thought we wouldn't see current prices again, but the market had other plans. Just got to stay nimble and be ready to jump on opportunities the market offers.