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RE: Bitcoin (BTC) Morning Update: A Bounce Expected
These are consolidation periods.. moving from weak hands to strong hands. Bitcoin should never be compared to bubbles.
These are consolidation periods.. moving from weak hands to strong hands. Bitcoin should never be compared to bubbles.
I completely agree with what you're saying, but I still think it's OK to call them bubbles. It's just how crypto moves. It goes up in bubbles and crashes, each landing one step higher than before.
I believe it's a bubble...but so far, one of the least widely held bubble. Most owners are still early adopters...next should be the institutional owners.