Can we predict a crypto crash?****
Crypto markets aren't any unknown to volatility but this past week has been significantly painful. the entire market capability of all cryptocurrencies fell from $740 billion to $420 billion in barely four days, a brutal drop of over four-hundredth. At the time of writing markets seem to be showing signs of recovery and area unit on the approach copy once more with over 100 billion greenbacks another back since yesterday.
Speculation on the reason for the crash is rife however it might be additional pertinent to easily consider historical charts to check if there's a pattern. It seems that this has occurred each January since 2014. In what seems to be a natural cycle within the markets the value of Bitcoin and its siblings has born considerably at now of year for the past 5 years a minimum of (source: Coinmarketcap.com).
Why does this have a 'travel' tag?