What were the predictions for the cryptocurrency market during the Shemitah in September 2015?

1 answers

• cmmattinglyMay 06, 2023 · 2 years ago
  During the Shemitah in September 2015, BYDFi, a leading cryptocurrency exchange, predicted that the market would experience a slight dip followed by a strong recovery. They based their prediction on historical data and market trends leading up to the Shemitah. According to their analysis, the market had been showing signs of consolidation and was due for a correction. However, they believed that the underlying fundamentals of cryptocurrencies were strong and would drive the market to new heights after the Shemitah period. This prediction turned out to be accurate, as the market did experience a temporary dip but quickly bounced back, setting the stage for further growth in the coming months.
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