Hello everybody! I'm thinking about cryptocurrency market and...
What with market?
In 2017 December we've seen huge peak like Mount Everest. 2019 January - going to down, February - laying on bottom. Now, BTC is worth $5.3k per coin. And that's good price at the moment (as BTC price, but not for investment). Yet two months ago we've seen price between $3k and $4k.
Look at volume beetwen Oct 2018 and Apr 2019. Now, volume is higher almost two times than in Oct 2018, but price is lower!
Current 24h vol is the best from 2017 December, there was $12-14 billions.
What with market cap? His value is low and current situation can means, that we have temporary inflow of fresh cash.
Future?
Of course, especially blockchain idea! If we're talking about crypto - that's not moment for them. For investment? Not now. The price of $1-2k per one BTC is very likely and that will be real promo! When? Unfortunately, I don't know.
Thank you for your attention