The crypto markets have seen an insane amount of growth in the past month, but after today's sell-off, are we poised for a small run and then a crash or will things continue to grow for a little while?
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Whoever said everything that goes up must come down didn't expect the crypto markets. Until the last couple of days, the markets only went up. Then Bitcoin dropped from mid $17k to low $14k in a day.
As of right now, things are starting to come back a little bit.
After the insane run we've had, we had to expect a pull back and I think we just saw it. The real question now is, where does the market go?
Will it have a huge rally and push to all-time highs again?
Will it have a small rally followed by an even larger pull-back?
What is coming next? Let me know your thoughts in the comments below.
I for one, and this is not financial advice think the markets will make a nice little rally and see some modest growth over the holidays for the big coins. Then up a little bit more before a big pull-back to start the new year and things really cool off. Then again in mid to late January things will start heating up again with coins hitting new record highs starting again in March and ending in May.
Let me know your thoughts.
Thanks for reading.