Will the market continue to drop?
Will the market continue to drop?
Obviously something like this is hard to predict especially with individuals and groups outside of our knowledge controlling market movements, but is there any tangible reason to believe it will go up or down anytime soon?
From what I understand this recent crash was mainly caused by panic selling and leverage liquidations as a result of Trump announcing tariffs on China, and the second wave of the crash seems to be related to China’s response.
Do we think this will continue to sink, or are we looking at a comeback soon? Obviously this depends on the coin, some alts aren’t coming back, but I’m wondering about the big ones like BTC, ETH, SOL ect.
My prediction is that it will crawl back within the next couple months but it’ll be a shaky climb up.
Absolutely no idea. Been at crypto for 12 months, and my conclusion is that most of it is guess work. However, as we can guess, I think it will go up if a Ukraine peace deal is achieved, more USA rate cuts (October i think , could be wrong ), trump announces a positive China trade relationship, not sure if the US Senate passing any more laws soon