Cryptocurrency Market Retreats $300 Billion as Bitcoin and Ethereum Decline. Over the past week, the cryptocurrency has consistently been volatile in the $300 billion region, moving up and down within the range of $280 billion and $350 billion. The market has operated within this boundary throughout March.
Well, March / April is normally a tough month for bitcoins. Many bitcoin analytics claim that they are seeing upwards movement in bitcoins and altcoins by the mid of April. I am not sure on what basis, they are saying this but one thing which i can see is that bitcoin had long 3 months of downfall and i am also hoping that something good will come up in the month of April & May.
Don't bother that April, May etc. speculation/s because no way it can't be accurately predicted. No matter how good and well explained the analysis is, with some good charting, it will be spoiled once a certain trend occur.
What matters here, bitcoin price is establishing a good support at specified price level on which way more better than a instant and quick jump. Even no interesting actions happened to the month of April and May, we have lots of reasons to believed that uptrend will soon happened again.