The past day has been a rough one for the crypto space, no doubt about it. Bitcoin and the rest of the market experienced a flash crash which is seemingly still ongoing as the markets are still bleeding red at the time of writing with a lot of coins and token seeing up to 20 percent losses. Without the altcoins upwards pressure of buy orders, market euphoria seems to be just falling off just as fast as it arrived.
But despite the losses, this is a good correction…
If the altcoins aren’t able to provide enough support over the next few weeks then we could see a big drop across the market and experience even further losses. Ironically, because the altcoins are already so low and Bitcoin dominance is above normal, new all-time lows could be on the table. It’s almost as if this was one big bull trap…
Bitcoin will most likely lose some more value before this whole fiasco is over and then it will start to gradually start to pump again with altcoin posting further gains supporting the new levels. The recent surge served investors confidence and showed that Bitcoin again didn’t fully collapse.
Netflix is now hosting a show which will take a look into some of the biggest players in the crypto market.
With crypto still being a thing not many people fully understand, getting a documentary on the people behind the industry and who make it work will definitely be an interesting one.
The doc will have plenty of big players in it such as:
Vitalik Buterin (Ethereum Founder)
Jihan Wu (Bitmain Founder)
Justin Sun (Tron Founder)
Yi He (Binance Founder)
Charles Hoskinson (Cardano Founder)
Sunny Lu (VeChain Founder)
Jun Hasegawa (OmiseGo Founder)
Da Hongfei (Neo Founder)
Roger Ver (Bitcoin Cash Founder)
Besides, Netflix is one of the most popular streaming services in the world and make millions of people fall in love with documentaries such as the new Ted Bundy Tapes which were a big hit for the platform.
In the meantime, why not watch, Banking on Bitcoin which was released in 2017 and was a big hit in the crypto community.