As i learn about stock markets, cryptocurrency has fundamentals with traditional exchanges markets, crypto markets has only few differences against traditional markets such as
Volatility and Vulnerability
Almost each mainstream cryptocurrency has a volatility around 5-10%, its like EUR/USD at the morning 1.10 and by the end of the day 0.99. Lets be honest it`s huge, and all players always looking for :
BUY LOW
SELL HIGH
But big lions looking for buy very very low, sell very very high. When lion hunt they kill their prey and eat without mercy.!
Cryptomarket is defined by the rule of supply and demand. When you buy BTC at 2550 someone sell it at 2549. But we have some lions on the markets with some huge stocks. The only question is when they will exit, and the are lot of reasons. EX: Last week Bitmain tweet cause Bitcoin’s price recovered after the $500 crash which brought it from a high of $2980 to a low of $2480.
If you open exchange market history chart from the last 100 years, almost every company/currency had crisis period, and even bitcoin is not exception, let`s remember 2013...
The question that every investor has to ask to itself.
Why ?
What if ?
When ?
You can anticipate it, dont forgot we are all humans and the only way to crash market its to take cash out of the bank.
Next 2 months would be crucial for bitcoin/altcoins middle/long-term future.
Kind regards