th0mastan
2022-09-13

With the crypto hype last year, I would believe that many miners enter due to the lurch ofthe easy money. They might have also purchased the equipments at the peak. As demand starts to ease and prices falling, they do not have a choice but to continue and wait it out for the next recovery. 

Taking past historical trend as a guide, crypto peaked in 2017 before the more recent 2021 surge. It will take time for the price to stabilise and consolidate before the next bill run. 

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Comments

  • LeongSS
    2022-09-13
    LeongSS
    thanks for the great topic and effort of sharing
  • Toby_Chua
    2022-09-13
    Toby_Chua
    Crypto winter near end trend reversal
  • Niskil
    2022-09-13
    Niskil
    Yar. They make the base price
  • YsL
    2022-09-13
    YsL
    tq
  • AdrianTan
    2022-09-13
    AdrianTan
    Noce
  • Ssimsim
    2022-09-13
    Ssimsim
    Well
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