Bloomberg says that the main reason of the fall is delay with crypto adaptation, by previous expectations of traders the adoption would happen much faster.
If this becomes the main narrative, they hit us in a weak spot. Can’t deny that adoption is going slow and user friendliness + scalability still aren’t there (yet).
Fuel for Fear Uncertainty Doubt and a leg down below $5,700 to Hairy’s Jan 2019 $3,xxx lair.
Did I say already that I’m overly bearish the last few months?