Since the beginning of 2018, and even at the latter end of December of 2017, the cryptocurrency market has been crashing. The coin market cap went from above $800 billion to just above $330 billion (at the time of writing). Bitcoin peaked at the price of $19,767,10 on December 16, 2017 and has since dropped to a value of 7,613.94 per bitcoin (numbers taken from CoinMarketCap.com).
There is no doubt that the cryptocurrency market has been crashing since December 16, 2017. With that being said, bitcoin continues to be a topic of conversation on the news and on the internet. It is widely believed that the crypto market is down but not out. If that is the case, the question remains, when will the crypto market recover?
In this video Cryptocurrency Youtuber talks about the current Crypto Market situation and discusses the possibility of a Recovery that might be coming in the future. Cryptocurrency Youtuber begins by explaining that the current correction is actually healthy for the market especially when considering how rapidly the crypto market was expanding.
Cryptocurrency Youtuber thinks that Bitcoin, Ethereum, and many other altcoins could see all time highs in the time of this year of 2018. Cryptocurrency Youtuber predicts to see the crypto market will continue to decrease in market value. Despite the downturn in the market, Cryptocurrency Youtube predicts a positive cryptocurrency expansion in respect to technologies and adoption. Cryptocurrency Youtuber expects that the cryptocurrency market will make a full recovery before 2019!
While Cryptocurrency Youtuber makes several predictions for the future in this video. This video is for educational purposes only and Cryptocurrency Youtuber is not a financial adviser and this video is not financial advice. This is my opinion.