Market Recovering Finally?
After plunging below 300 billion USD, the total market capitalization for cryptocurrencies is rising once again. Is it a bull trap or are we finally seeing the bottom of the latest correction/crash?
Personally, I'm inclined to think that we're going to see the market drop a bit more still. However, that being said, it does appear that the latest market cycle is coming to a close. Which means we might start to see a return to slow and steady growth to previous all time highs and beyond.
Remember, markets are a mechanism of transferring wealth from the impatient to the patient. So don't get too caught up in the day to day ups and downs.
Where do you think the market is heading in the next few weeks? Let me know in the comments below. And give me a follow for more crypto news and updates.
