As many of y'all have seen, the crypto currency market has seen as rough last couple of days and a rough January to be honest. With some coins down over 20% in the last couple hours, many are deeming this the end of Bitcoin and crypto. I personally disagree. I think that the huge daily increases and mooning coin values that we saw in November and December of 2017 made for an unhealthy growth period in the market. It only makes sense to follow with a period of consolidation. Bitcoin will probably hit around $7,500 before making a run up and Ethereum could see numbers at or below $850. Many are viewing this as a great opportunity to buy huge piles of coins at a discount. I somewhat agree but I'd wait until seeing the market reverse to bullish. I personally don't think the downtrend is over quite yet. Let me know what you guys think and which coins look attractive right now!
As always, have a wonderful day!
