Bitcoin has barely given investors a breather in recent days. The crypto market is once again chaotic and stressful. Recent stock market statements and news about the China–U.S. trade war have deeply shaken cryptocurrencies. As a result of these developments, Bitcoin and nearly all other coins have suffered sharp declines in value.
Investors’ money has practically evaporated. Many are now anxiously asking, “How far will this drop go?” This prolonged downward movement has completely crushed investor morale, and most have lost their confidence in the market altogether.
The altcoin side looks even worse. Many coins have lost up to 90% of their value in recent times. Some investors have reached the point of saying, “That’s it, I’ll sell what I have and get out.” On the other hand, there’s still a small group that believes “this drop is temporary, the bull run will come soon,” but that group is shrinking rapidly.
Right now, there is complete uncertainty in the crypto market. No one can predict the next move. Even analysts are divided — some believe the bottom hasn’t been reached yet, while others think this could be a buying opportunity.
