The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?
What is your opinion?
The market will not have an uptrend in 2018. Things will gradually stabilize in the coming years. I guess many investors have lost money in other areas and they have not planned to invest in Crypto. I hope in 2020, things will improve and uptrend will appear.