The financial markets are on the verge of losing this star asset.

in hopdh •  2 years ago 

The platform is probably for bitcoin and cryptocurrencies. We're not talking about 10% off. We are talking about a reduction of more than 50%.

That's right, Bitcoin and cryptocurrencies could undergo a major correction. The reason I say this is that the market is already overheated and there is no real reason to correct. The market has been up for over a year now, but that doesn't mean there isn't room for it to go higher. On the contrary, if you look at the fundamentals behind crypto prices, they don't look bad at all.

The problem is that we see them through rose-tinted glasses. Everyone is claiming that Bitcoin will hit $1 million or even $10 million in 2020, which makes everyone think that the price will continue to rise.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
image.png
please click it!
image.png
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)

The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.