Diary of a Crypto Time Traveller #13 / Is This the Rise???

in #cryptocurrency7 years ago (edited)

Feb 8th 2018 - Is this the Rise?

Flip over to the first entry to get a complete understanding of my situation.

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Dear diary,

I spent today watching the coin market, and all the cryptocurrencies kept rising higher and higher. Bitcoin, which had almost touched a low of $6,000 reached a peak of $8,400 and others followed. Steem is currently trading at over $4, after going way below $3 just three days ago. This kind of increase would have sparked a lot of noise just a few months ago. However, after the 50% drop in values, investors are not looking for this anymore, but waiting for them to surpass heir all time highs.

Could this be the long awaited end of the market correction? I guess we'll see. In any case, it seems the coin market has hit its bottom and will never go as low again. If anyone wants to buy the dip, now is the time to do it.

Cheers!


Diary of a Crypto Time Traveler is a fictional story used to share real knowledge on cryptocurrencies, blockchains and predictions, and my own recent findings.

Read previous entries below:
#12 Feb 5 - Navigating The Wallet
#11 Feb 2 - Market Decidedly Bearish! What Happens Next?
#10 Feb 1 - Eight Days Later, a new month, and a bearish market
#9 Jan 23rd - Transaction Fees
#8 Jan 20th & 21st - Two great days


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