Investing.com – It seems that the days of unstoppable rallies have come to a sudden and unexpected end. Many experts and investors agree: there will be no further BTC bull run. This grim prediction reflects the current sentiment dominating the cryptocurrency market.
At the beginning of the year, there was a palpable euphoria in the air. Meme-coins were touted as the next big opportunity, with predictions that some coins had the potential to increase their value fiftyfold. Today, however, amid a general pessimism, even moderate forecasts, such as a fivefold increase in prices, appear to be downright wishful thinking.
The extreme fluctuations in market sentiment are not new in the crypto-universe. This emotionality, which accompanies Bitcoin and other cryptocurrencies, drives prices to both breathtaking highs and dizzying lows. Crypto investors regularly experience highs followed by subsequent crashes.
Although the current market situation seems grim, there…
Read More