Cryptocurrency analyst Nicholas Merten predicts an epic Bitcoin and crypto collapse later this year. He recently published a video entitled “The Worst Time to Go Long Crypto?” in which he warns people about the Federal Reserve’s monetary policy and how it may be detrimental to the crypto markets. Merten explains that he does not believe quantitative easing is enough to stimulate another bull market. He further explains that in order to be successful in the crypto market, we must look for new market leaders and trends and practice patience.

Merten believes the crypto market is entering a critical period and if it fails, the total market cap of the industry could suffer a large downturn. Therefore, he suggests low risk investors to stay away from the asset class until later in the year when the market may become stable again. In his opinion, if the market cap is flushed down to $390 billion, it could turn into a situation of opportunities that investors should take advantage of.

Since 2015, the total market cap for cryptocurrencies has grown significantly and has created a more accessible income for investors. But as with any other asset class, there will always be high and lows. Therefore, it is important for investors to keep their eyes on the market and stay alert. With the right strategies and the right amount of patience, anyone could make a nice return on their investment in the cryptocurrency market.



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