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RE: There is Little Chance Bitcoins can Sustain any Real Recovery Until This Fundamental Metric Begins to Turn Upwards Again
Do market need more correction?.My personal thinking is $8000 is also too much for it, I do not think any assets appreciated that much in a year.
We very well could see it back there shortly. If the adoption rate continues to dwindle as it looks like it id doing right now. But things also do change very quickly in the blockchain space.