Is Crypto In A Bubble
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Is Crypto In A Bubble. Bitcoin managed to bounce back to $3k after a 50% drop a week and a half ago. Investopedia defines an economic bubble as this:
Visualize crypto currencies like bitcoin or ethereum on crypto bubbles in an interactive bubble chart.
Sharing my perspective, trying to unravel the real nature of the price increases, i post these thoughts in hopes of being able to determine where crypto stands. It is created by a surge in asset prices that is unwarranted by the fundamentals we could very well be in a short term crypto bubble. I'm worried that this time, it's on a much grander scale. but when you have a situation where people stand to put in a dollar and take out a thousand dollars, people lose their minds. This has been the most common question ever since the digital gold appeared hit the market.
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