Finally $200 billion total Marketcap is achieved.

[veleten]

I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

In my opinion, retracement begins now. Its good to market because in bitcoin history, after a huge move, there is correction or retracement and its healthy to market to have strenght before bullrun starts.

Agreed. A major correction will reduce the volatility in the future and will make sure that most of the coins remain with the serious investors. But still, I am surprised by the market resilience. I expected a 25% correction, lasting at least a couple of weeks. The prices initially went down by 25%, but they recovered very fast. And now, the exchange rate is around $7,400 per coin, which represents only around a 10% drop.

now we are back at 8000$ after this dip , the market has almost recovered
this proves that the bull market is strong and there is a potential to see figures way above 10.000$ this year
of course , this can change any moment as we saw yesterday
it only took 5000 bitcoins sold to drive the markets down across all of the exchanges
but no matter what happens this year , bitcoin proved yet again to be one of the most lucrative assets to invest into - now 100%+ growth in less than two months , from 4000$ to 8000$

[A L I E N]

I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

In my opinion, retracement begins now. Its good to market because in bitcoin history, after a huge move, there is correction or retracement and its healthy to market to have strenght before bullrun starts.

Agreed. A major correction will reduce the volatility in the future and will make sure that most of the coins remain with the serious investors. But still, I am surprised by the market resilience. I expected a 25% correction, lasting at least a couple of weeks. The prices initially went down by 25%, but they recovered very fast. And now, the exchange rate is around $7,400 per coin, which represents only around a 10% drop.

I also expected that the market fall could be more critical. Now, we again have a lot of chances to watch how the cryptocurrencies are gaining fast.

[ttcsalam]

In fact, everyone is very happy to know about the information. But the way the market is starting to grow faster then the market is in a very good position.

[ene1980]

now we are back at 8000$ after this dip , the market has almost recovered
this proves that the bull market is strong and there is a potential to see figures way above 10.000$ this year
of course , this can change any moment as we saw yesterday
it only took 5000 bitcoins sold to drive the markets down across all of the exchanges
but no matter what happens this year , bitcoin proved yet again to be one of the most lucrative assets to invest into - now 100%+ growth in less than two months , from 4000$ to 8000$

The market recovery is really strong and the past few months were the golden recovery days for the market as no one expected this kind of recovery in a short span of time, i do not see this as a bull run yet, but the market is showing good signs to cross the $10000 by the end of this year, if the price crosses to soon then we will see a correction in the mean time, just want to see the market recovering in phase which is a healthy way to go.
That being said if there is a big rally this time around we might even touch the trillion dollar market, but how long we will hold those position is yet to be seen.

[Little_king]

The bull is coming gradually as the trillion market cap is expected soon for the bull market which is coming soon .

The $200billion is also a good achievement to what we have at early this year and that show a quick recovering of the market .

[Iceblast]

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/

this is a shocking effect for coin owners, with the increase in the total marketcap I think this can be used as one of the things that might give big profits. we should appreciate the increase in the total marketcap

[Jating]

I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

In my opinion, retracement begins now. Its good to market because in bitcoin history, after a huge move, there is correction or retracement and its healthy to market to have strenght before bullrun starts.

Agreed. A major correction will reduce the volatility in the future and will make sure that most of the coins remain with the serious investors. But still, I am surprised by the market resilience. I expected a 25% correction, lasting at least a couple of weeks. The prices initially went down by 25%, but they recovered very fast. And now, the exchange rate is around $7,400 per coin, which represents only around a 10% drop.

now we are back at 8000$ after this dip , the market has almost recovered
this proves that the bull market is strong and there is a potential to see figures way above 10.000$ this year
of course , this can change any moment as we saw yesterday
it only took 5000 bitcoins sold to drive the markets down across all of the exchanges
but no matter what happens this year , bitcoin proved yet again to be one of the most lucrative assets to invest into - now 100%+ growth in less than two months , from 4000$ to 8000$

And now we are back again, below $8k. But I wouldn't be nervous, we all know that the bulls are back and this is just a minor setup, or at least a healthy pullback similar to what we have witnessed last couple of days.

Of course, bitcoin is one of the best performing assets compare to gold or oil. In just a couple of months the returns are 100%. No other assets can move that quick and the growth is really incredible.

$241 billion marketcap? Not bad at all.  

[piebeyb]

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/

I think everyone will be happy that the crypto currency is really growing again, everyone certainly hopes the same, hopefully it will be a good signal for the crypto market to grow better in the future, the trust of all investors will also improve over time

[niisarearning]

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/

As the time I am posting the market crossed 250 billion it’s really positive sign I am expecting atleast 500 billion in this year as lots of regulation and new improvements happening in crypto space . More over ico’s are abandoned and more regulated IEO are coming it’s really good sign for market. Investor getting trust back on crypto currency.

[thirdlight]

Very nice to see these big numbers.  But I am sure that this is not one hundred percent capable of a cryptocurrency.  Therefore, I very much expect new growth from her.