As cryptocurrencies fall, not all hope is lost- Shane Chanel

Shane Chanel, an equities and derivatives adviser at ASR Wealth, has said that “not all hope” is lost, even as major cryptocurrencies continue a free fall for the second day, and amid fears of greater regulation from Asia. He points out that every previous wild swing in the last 3 years has been followed “by a rally more powerful than the last”.

According to Blomberg, the optimistic pundit stated, “Every year over the last three years, the cryptocurrency market has witnessed strong corrections 22 to 23 days prior to Chinese Lunar New Year”.

Let’s hope he is right.

By OzoIgboNdu1 of Igbo Defender

Digital marketer and Marketing analyst

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