Post
Topic
Board Economics
Re: 2018 the year of correction?
by
Duzter
on 08/04/2019, 03:54:42 UTC
As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
the time for correction I think before 2018 it is also possible to make corrections with more corrections we can better know the graphical flow of crypto currency development and we can make choices that we will invest
2017 we have the all time high for BTC and most of the altcoins.
If you notice, most part of the year 2018 we saw that the price is dropping, and we called that correction.
Now, it seems that correction is already over, or probably BTC and altcoisn was oversold that time, so now we got a bullish for a positive correction maybe.
now its time to all cryptocurrency price back to all time high.atleast market capitalization rise now.we hope this movement was permanent bullish not only bull trap by whales.
2018 was one of the big expected year for bitcoin, but things didn't go as predicted. The market experienced a massive fall in value and the same didn't recover. The growth of cryptocurrency in comparison to 2018 is big, from the starting of the year 2019 bitcoin has been growing in a stabilized way. From a low value of less than $3000 price has come above $5200 now making it a strong recovery.