Yes it is highly likely to go lower on all the indicators and the news , financial institutions want crypto regulated. This is a good thing. The issue with markets is supply and demand and now is the time that wall st is putting masive pressure on crypto to force out the weak hands and buy it up.
Crypto has utility . Why are companies investing massive amounts of money in areas where there is spare energy to mine it ?
Litecoin has announced a deal whcih involves VISA using LTC as a money transfer system. Assuming the deal goes ahead which is likely . There are big profits ahead.
The regulators will want scammers out of the marketplace. The financial institutions want to buy at a low price. No one wants to kill crypto , we are going through adolescence. There are going to be ups and downs but the falling market is the time to start buyign it up.
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