Where Did The Money Go?!
The month of June has been flooded with red in the crypto markets; to the surprise of most but not all. With many coins returning to their price at the beginning of the year, some lower, skepticism in the infamous bull run.
So No Lambo?!?
During Consensus Week of 2018 when the markets didn’t behave how it had during previous Consensus weeks a few crypto-traders voiced how they felt this summer would be disappointing to the masses.
And it shows; with Bitcoin dipping below $7,000 for the second time this month many are wondering are we getting the altcoin run that we hoped for this summer or is a sea of red our fate?
The Takeaway
All in all if you are invested in crypto now you are still a very early adapter. We are years away from mainstream integration and simply need to treat these dips as Fire Sales.
What are your thoughts on the current state of the markets? Comment below and let me know what you’re thinking!
