I predict and can easily see the crypto market cap dropping to around 100-150 billion. No proof, just some genie plus a magic 8 ball is telling me this. Everybody is saying 2018 will be like 2017 soon, with some huge gains. Everybody and I mean everybody is predicting a 1-2 trillion market cap, so the ONLY possible way for people to get 10-20x gains like last year, is for the crypto market cap to drop down to around 100 billion. Haters prove me wrong.
Who is predicting 1-2 trillion market cap? Please point out their names... I'm certainly not a part of that "everyone" group, it seems.
$200 billion market cap seems very likely. It's not a bold prediction but quite a logical one to make at this stage.
It is clear that we are in a bearish market with mostly downward and sideways movement with no upwards outbreaks. With BTC probably going down further at this point, a 60 billion market cap reduction seems completely within reason.
$100 billion isn't gonna happen, though. That would require a much bigger dump that I don't think will happen. And dumps won't necessarily lead to a pump to take market cap to $1 trillion all of a sudden.