Are The Cryptocurrency Markets Stale? Year Long Bear Market Blues

This year has been rough to say the least in Cryptocurrency.

From high’s of 20k and speculative dreams made reality, many suffered when the Bitcoin bubble burst in the beginning of 2018. We’ve since endured a bearish market that has left the strongest hands vulnerable.

Scraping by below $150 billion with bitcoin’s price hovering around $3,500 – the threat of lower lows and a further bottoming out looms overhead.

Hype is still being generated, and hate threads are still being published on Reddit and abroad for pretty much every asset.

Tron (TRX) has seen it’s hype train fizzle out despite it’s large purchase of Bittorrent and it’s licences, rebranding it Project Atlast and launching the Bittorrent Token in the first months of 2019. Justin Sun has come under fire for hyping up announcements to announcements, but the Tron Foundation has not fallen short of really any deadline they’ve given themselves. Tron still sits healthily in the top 10 with a current price of 2 cents USD and a 24 hr volume of just over 100 million. They are a long ways away from the 30cents usd and multiple billion dollar 24h volumes; but the story remains the same across this entire market. The many have fallen.

Will they fall lower? Time will tell…

Will we have another huge speculative bubble? Absolutely it is a possibility, however to what degree is anyones guess.

This channel has covered Cryptocurrency news for 12 months now, and I’ve learned a lot. I plan on continuing to release content on this channel although not entirely focused on the daily ebb and flow of news.

Development remains at a steady pace, and big names are still lurking in the shadows… This market is gearing up for big things to come, it just is going to take a lot longer than anyone of us could have guessed.

Do you have the balls to see this through to mass adoption? Because I do…

Comment below and let me know your thoughts!

Also beware of desperate publications reusing old stories for added FOMO and clicks… Learn to trust certain publications and always double check your information across multiple sources.

Thanks for watching…No, seriously….Thanks for watching!

*This is NOT Financial advice, the content found on this channel is solely my opinion so please make sure you do your own research and invest with a professional.*
#bitcoin #cryptocurrency #finance

Are The Cryptocurrency Markets Stale? Year Long Bear Market Blues

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Kane Dane