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?
The market will recover I agree on that part of your argument but I do not agree that we are going to see a recovery at the end of this year, have you seen that we only have about two weeks left for the market to recover? Most investors gave up already about a possible recovery of bitcoin during that time frame and they are now getting their hopes up for the next year.