Sunday, December 24, 2017

Cryptocurrencies and Block-chain

The crazy rallies of block-chain cryptocurrencies in 2017 has been a crazy ride in parabolic nature.
Its only hours to Christmas 2017, it is very likely for Bitcoin to break out over US$20K and testing an unknown high.

All the other Alt coins such as Litecoin, Bitcoin Cash, Ripple, Monero, Lisk, Dash (just to name a few) have all gone up in leaps and bounds.  Even the Dogecoin are hovering at all-time-highs

The recent correctly was short lived, and prices returned back to high levels barely within 24 hours.

The correction will give new cash injection from fiat currencies into bitcoin, and when bitcoin runs up again, people will sell bitcoin and buy alt-coins, pushing alt-coins even higher.

These cycles will definitely show record numbers for crypto-currencies/tokens for 2018!

Watch for it!

No comments: