Oct 14, · When you put these factors together, it looks to indicate that Bitcoin will hold strong even in the times of market crash. In fact, recent experiences indicate that a market crash and inflation may act in favor of Bitcoin. A pseudonymous trader, operating under the first-name alias ‘Loma,’ stated that Bitcoin would experience its “first real crash” despite staying in an extended bull market. The analyst anticipated that the cryptocurrency would break above $16, while . Apr 27, · Bitcoin will explode because there is simply not much of it and it will explode because you can buy it, secure it, take it with you, turn it back into money and actually spend it natively at the Author: Clem Chambers.
Could bitcoin crash the marketThree reasons why Bitcoin price is about to crash
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The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The cryptocurrency market slipped into a red zone, with all major altcoins nursing significant losses. Stablecoins may pose risks to "international monetary stability". In the recent statement, the Treasury-based working group that makes federal regulators recommends taking actions to ensure that stablecoins do not undermine the confidence in national fiat currencies.
Also, once BTC price is high enough, holders are going to cash out en masse, leading to a sudden balance shift that precipitates a parabolic curve blow-off. The whale also points to potential sales from investors who are expected to one day receive BTC that was frozen in the collapse of the crypto exchange Mt. Come on, show some conviction, lead by example. Maybe others will follow. Which I think is total bullshit, personally.
In the next bear phase I expect alts to lose a bigger share of their capitalization yet. Please check your inbox or spam folder to confirm your subscription. Thank you. What Is Blockchain?