It seems Bitcoin and all cryptocurrencies are on their way back up according to coinmarketcap.com!
Now everyone is saying crypto needed a breather, but if you notice we saw a huge dip in the stock market as well..
So this was not just Bitcoin and cryptocurrency that got hit, but more the whole economy.
However in a post 2 months ago I mention that I thought Bitcoin could go to $6k-$7k before going back up..
Which you can see that is pretty much exactly what happened here.
Conclusion
Nobody can expect something to go up consistently without taking a breather..
However with distributed ledger technology, and all of the great blockchain projects including STEEM.. I think this is a very exciting time to be in crypto!
Let me know what you think in the comments below, and thanks for checking this out!!
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Disclaimer: I am not an Investment Adviser, and this is not investment advice. This is for entertainment purposes only!