No Bull Run in 2018?
I am just wondering what will happen to the cryptocurrency market if there will be no bull run that can happen before the end of this year as what many have been expecting? Can we then anticipate a much lower market volume or will there be instead a big rebound like a market revenge? Or should we start watering down our expectations as soon as possible? I have been thinking of the possible scenarios because I can sense that many cryptocurrency players and holders are really looking forward for a bull run or a bullish market soon...what do you think?
yes i think you are spot on. Another bull run so soon after the last one seems very unlikely and would probably not be a good sign (would indicate a massive trap IMO). I think yes markets will most likely fall more from here and soon enter a consolidation phase( of course we could already be in one assuming 5850 was the bottom, though i think that's unlikely). Of course this will mean that volumes will come down and they already largely have.
I think the massive retail investment that took place in December probably contributed to that massive run up, but at the same time a lot of those same December buyers have now lost significant amounts of money and will be a very cautious before entering the crypto space again.