A crypto analyst said a “flash crash is likely” but viewed it as a buying opportunity, signaling optimism for the long term.
A crypto analyst warned there was a high likelihood of a “flash crash” after the broader crypto market clocked significant gains over the past month.
“If corrections happen, and they will, and a flash crash is likely to happen, inducing a massive liquidation crash across Altcoins,” MN Capital founder and crypto analyst Michael van de Poppe said in a Nov. 3 X post.
“Don’t panic. Use those as an opportunity to get into the markets. They are a blessing,” van de Poppe added.
