People are quite optimistic about the year end. I think that investment from other assets will start flowing in cryptos near last quarter of the year. I expect a bullish season to start from October this year with peak in December. But try to take the maximum advantage of bear market by playing in future market or doing short term trades.
Moreover, If we analyze past charts of Bitcoin as it is the oldest currency, there have been pumps in the last quarter of the year.
No need to compare last year's results with what we expect until the end of 2018. Situations are completely different and the cryptocurrency market has started to behave inadequately since the beginning of the year.
Agree with that.
It is way too different now.
We may want to think of a new analysis about what is happening now.
Why the sudden calm move of bitcoin price. What is really happening out there?
Are altcoins really that much in number and they do not see bitcoin now as a good crypto currency?
Those questions which answers are difficult to find for there are too much exchanges by now.
In fact, it is very difficult to say something about today's cryptocurrency market. But I am still very pleased that the bears did not manage to completely pull the market to the bottom. If Bitcoin could be used around the world as a means of payment, its value would increase and perhaps the situation was completely different.