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✴️ BITCOIN TO $1000? HOW LOW CAN THE CRYPTOCURRENCY MARKET GO? 🤷🏼‍♂️

stackinPosted for Everyone to comment on, 5 years ago2 min read

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What Up STACKERS!

It's pretty amazing to see all the "Gainz" that we experienced from the middle of 2017 bull run has been completely wiped out.

The total "Market Cap" is currently pushing around 108 Billion Dollars (as I write this) from it's all time high of around 831+ Billion in January of this year. 700+ Billion Gone!

It's pretty crazy to witness this kinda downturn but this is how bubbles pop. Most investors and traders were caught with there pants down, literally. 🤣

In the last 6-10 months... I've been seeing so many people on Social Media "predicting" a bull run soon... this makes no sense to me.

How can cryptos have a bull run while being in a bear market? It doesn't work that way.

It's going to take a while before we see a significant rise in the markets. Don't get me wrong, we can see some rallies from here and there but it won't even be close to what we seen in 2017.

Who Knows, I can be completely wrong. In my eyes, 2019 is going to be a year of accumulation in the lows where we can see Bitcoin at a range from $1000- $6000.

(Yes, $1000 Bitcoin is a probability as my "most" pessimistic outcome). 😳

With that being said, I'm only looking toward the future as we can't change the past (only learn from them). 👨🏼‍🏫

Remember, this isn't financial advice and always do your own research. I'm just an Asian Dude livin' in Las Vegas! 🤣

So what are your thoughts? Am I negative or just a realist? I guess only time will tell!

Keep On STACKIN! 💞

~ Charles Fuchs

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