After the first bull market of IOTA, we saw a big correction due to uncertainties about the future of the cryptocurrency market in China and reported bugs in IOTA's hashing function, Curl, by MIT research. Now that rest has returned to the market together with the fact that IOTA will have exciting months upcoming, such as high probability on new exchange platforms and the fact that it is only a matter of time before more news on timestamps and smart contracts are coming, leads to a high probability of a returning bull market.
If we follow the Elliot Wave Theory of market psychology, the following levels are obtained. It is an exciting time for IOTA and I am thrilled to see what the coming months will bring!
If we follow the Elliot Wave Theory of market psychology, the following levels are obtained. It is an exciting time for IOTA and I am thrilled to see what the coming months will bring!