It looks like a possible bottom for this bear run at about $6000 for BTC and I am seeing fundamental buy signals. As of 8:45am EST 2/6/2018, I am personally making several purchases and getting back into larger positions. My holdings in STEEM have remained the same through the new-year dip, and I will also be adding to my account here on Steemit.com in order to Power Up.
I believe that this spring will bring a flourishing of the alt-coin market and the space as a whole will move in a fresher and healthier direction; we needed to shed some dead weight like Bitconnect, bunk mining operations and perhaps Tether will be the next to implode...
BTC, ETH and LTC will rebound significantly together around late February, early March. We may hear more inklings of the "flippening" this year, where another coin (or coins) take the place of BTC as majority market capitalization. The major contender for that kind of move would obviously be Ethereum. It seems LTC has not been terribly shaken by the major sell-offs last month but it will take some time for good news to reach this tenacious community again. Be prepared for Charlie Lee to allow a lot of time and work to transpire before making any serious announcements about the future of LTC. He did hint at a long period of bearish markets and uncertain partnerships but that the future generally is bright and full of potential.
This year will certainly be an exciting one for cryptos as it appears that the US stock market is in shape for a major decline. This means big and new money will look elsewhere for investment and long-term safety potential. The best time for entering major positions in the crypto market appears to be now! Get in there Steemians! And as usual, buy silver to back up your other investments and understand the long-term potential of both investments; it could be your family's financial future at stake!
