How do you think friends will new year bring relief to the market? It seems to me that the market is just overwhelmed, forks, crushing development teams, new and new projects, all of this has undermined the fragile cryptoeconomy, I think the market is likely to clear before recovery, but what do you think?
Of course we can't really tell what 2019 will bring, but there are two important events that we need to monitor, (1) SEC's decision on Van Eck/Solid X Bitcoin ETF's application (2) Bakkt Bitcoin future offerings.
So if by chance we get those two going live in 2019, then I'm expecting a reversal, but it doesn't mean that we're going to hit another all-time-high right away. It might be catalyst that we all needed to get the market at least bounce back and hit 5 digits again that will culminate in the next block halving in 2020.