Recent weeks have been ridiculous for cryptocurrencies. Almost all major one have hit their ATH , apart from Litecoins (i'm rooting for ya little fella!). It really feels like we are at the verge on another bubble atm. When will it burst though?
I think someone said that in cryptoworld in terms of technology and adoption we are like internet in 1992, but int terms of Hype like internet in 1998.
It feels like it almost has to burst. The question is - how big this bubble will get?
To be honest, I also think that we should expect some kind of a bubble break. It is because that bitcoin price has risen over 1600$ from 1300$ in such a short time.
It is almost unbelievable that we could witness such an extreme rise, after all BTC price was pretty stable last times but as we can see, it has started to regain its previous volatility.
That all comes together with really big altcoin price increase, which is kind of frightening for me. If everything goes up, Im really getting worried if it is just not a bubble.
In most cases, when BTC increases its price, the other cryptocurrency are going down, but we dont see this usual situation this time.
Well, luckily I have sold most of my bitcoins on this great price, so im not really worried about my funds
