Are cryptocurrencies right on the edge of the biggest dump in history?
I have two possible theories for how the crypto markets will evolve in the short term.
- The biggest cryptocurrency dump in history will happen in a few days, or
- We are currently edging out of the bear trap and we are yet to see the real crypto bubble, which I imagine is absolutely thrilling and terrifying at the same time.
sources:
https://www.bloomberg.com/view/articles/2014-03-18/the-stages-of-bubble-mania-ritholtz-chart
https://coinmarketcap.com/charts/![bubble picture.PNG]