Bitcoin Cooldown at $10K | Why We're Just Getting Started

in #threespeak5 years ago (edited)

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Yeah i heard about the cool down phase from various people in the space. But I have a doubt @nicholasmerten If the price of bitcoin soars up after the cool down period , will it drive the altcoins down again or would the altcoins out phase Bitcoin?

Accumulation phase??? Bitcoin went 4X since the low. When we are in the next cycle people won't talk about the cycle. Speculation cannot work if you know how it works. Bitcoin can go up down or sideways. My guess is down.

Anything that'll help evolve the Cryptocurrency space, I'll definitely love that, I think I'll keep up to tabs with your project, like to see the exciting prospect of your project.
Yeah I don't know the significance of Bitcoin cooling down at 10k and even slightly recessing I do however hope it'll take a giant stride since it's a little bit resistance. The altcoin too seem to be a bit taking a beat just trying to be resistant. Amazing chart by the way

thanks

Bitcoin is the main coin that is currently the most popular. Also the most stable coin. Getting started now is not too late.

Congratulations @nicholasmerten!
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There is still room for improvement doesn't matter where it is now but it will be bettet in the future.