If you don't LEARN from history you WILL repeat history. Last year at this very moment Bitcoin was the hottest gift and commodity on the planet. Fast Forward to this year and it is as cold as it was hot. This morning dropping to a bit over $3600.
The bloom is off the rose and if you think Bitcoin is bad, just imagine how all the other coins are doing. OUCH!!
Is it over? It may be. Personally I think it may end up around the same price as gold at around $1200. So there is a long way to the bottom. Crisis is the only thing that may bring bitcoin back. Other than crisis, the demand is just not there.
So what do you think? Is Bitcoin done? Is Crypto done? Where will Bitcoin be trading at next Christmas?
I cashed in all my Bitcoin at the end of last year and early this year. I started buying in 2013. I won't be investing in it again.