Crypto Crash: Bitcoin has gone through multiple cycles in the past, and has always bounced back, with a vengeance says Diego Vera of Buda.com.
Individual markets, such as cryptocurrencies, stocks or commodities, and the economy as a whole, experience cycles of expansion and contraction. It is like the economy is breathing. There are periods when practically everything goes up and others when almost everything goes down.
The economic crisis of 2008 took more than two years to stop hitting. The stock markets fell more than 50% in the main economies of the world. But then came 10 years of buoyant optimism.
In 2000, the Nasdaq Composite stock index fell 75%.
That big drop in the first image looks like just a hiccup in the bottom left corner of the second image. Since 2002 almost everything had been going up.
This year, the same indicator has dropped by 14%.
But now we wonder if the falls that stock markets are currently experiencing (25% so far this year), are something that will be...
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