Earlier I wrote about how I believe Bitcoin will touch $12,500 on the next leg down before a possible temporary bounce. Today I want to touch on Etherium.
I think that any recession — and we are headed for one — really shakes the pretenders out of any market. Look at how many fake companies died in the Dot Com bust.
That’s why I think a bunch of altcoins are probably going to zero (or pretty close) over the next couple of years or so.
If any cryptocurrency is to survive a major economic downturn on par with the 2008…
