According to my perception, the bull run will be there at the end of this year.Anything can't go up up up it needs to come down (that's called correction) similarly anything can't go down down down it needs to come up (reversal)!!
In 2017, we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market.
I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing.
Its just a tough phase that cryptocurrency market is going through right now. But in the near future one can expect bitcoins price to rise.
Bitcoin has always repeated history. It had always come back. so hope for the best.
Whats your views?
This news will bring so much light and reason for morst of the people to regain determination in having their profit, we should be glad about this if it was a real one. Supposedly Bitcoin is releasing some news regarding what correction year is all about for us to know and not be lost at some point, people who tend to quit will be prevented. Numbers of opportunity and workers as well was being wasted because of not being informed of what might happened.