The market seems to be in state of limbo right now, with a plunge in the stocks market, the crypto market isn't spared either. All hopes of a bull run in 2018 seem to be fading away and if there'll be a surge ever this year, it may just not surpass $8k and that being the highest till year end. What's your take?
I was expecting a bull run, but this was based on the strong support level of the last few weeks holding - and this broke yesterday with the big price drops across all coins.
I think the next couple of days are crucial. We need a quick recovery back up to the stable line in order to restore confidence. If this doesn't happen, I think we'll unfortunately see further drops.