On Friday we saw over $100 billion wiped off the cryptocurrency market in just 24 hours.
There were concerns about tighter regulation and that major exchanges such as Bitfinex and cryptocurrency Tether manipulated prices.
We all were left wondering if Bitcoin could would recover and if so when?
When we look at it over the next 12 months, what I see is a significant supply and demand imbalance at the current price levels. I believe that Bitcoin will continue to rise, even to levels higher than we have seen so far. So in my opinion, hold!!
