Bitcoin has a correction
After a period of continuous growth and almost no deep correction, on January 4, Bitcoin corrected more than 20% down to $ 27,600. Then BTC quickly rose again because when correcting down, many investors were waiting to buy.
Currently, the next adjustment of BTC will be difficult because there are many investors who have not reached the capital before waiting to buy so they do not miss the Bitcoin trip.
Besides BTC, Ethereum also had a correction that subsequently turned up and fluctuated above the $ 1000 threshold. Other altcoins such as LTC, Chainlink, BCH, ... also adjusted down within 24 hours.
Ethereum has risen above 1000 USD which has caused the capitalization of this coin to increase significantly. ETH capitalization is already over $ 123.7 billion and equals BTC capitalization.
As in 2017, when ETH grew there was a time when it was equal to BTC capitalization. So if ETH's current capitalization increases in BTC, then the price of ETH will increase to 5000 USD.
To altcoins as strong as the end of 2017, BTC capitalization as historically will often drop below 50%. At that time it was really altcoin season, and for now, it's just the beginning.
Mitigating school finance
The US stock market opened at the beginning of the session all fell in all three indices. However, the futures of stocks increased. The Dow FUT was up 0.17%, the S&P FUT was up 0.27% and the Nas FUT was up 0.27%. The gold market also has a slight growth in the past week and the price is close to 2000 USD / oz.
My investors are paying attention to the new official intake system and the epidemic situation.
New Total system will be the image to the main books well as the year permissions at The Senate, the House and the White House. The main Faker is split and the two differences holding the law will not be easily passed. Left if Joe Biden to president can create houses and the White House belongs to Democracy. This will have a enjoy not good to the school document, the bad image to the school can may be through a easy information.
Disease continues to increase in America. And has information about the variable of coronavirus make a some going to be close the activity. If the following disease, can be path to the business will going to down. Then history could reset March 2020 as securities, financial markets, and even BTC going down. These are the things that worry investors before deciding on an investment arrangement.
