Summer 2018 Crypto Markets: Why This Year Could Be Different

in #investing6 years ago (edited)

The cryptocurrency market has come roaring back, and if this trend continues, it looks like BTC could be back on its way to 10k in a matter of weeks— a rising tide that will lift other crypto boats. Many who kept the faith during these bearish past few months have pointed out that the cryptocurrency market follows an annual cycle that goes something like this:

Things start off strong in January, followed by a significant correction. Bearish trend remains until late spring, giving way to a smaller bullish uptick, followed by a flattening off in the summer months. Starting in September, prices begin to rise again, culminating in a bull market every year in November and December...

Read the full article here:
https://www.jaredschlar.com/2018/05/summer-2018-crypto-markets.html

Visit my free Crypto Blog for more great content.

Coin Marketplace

STEEM 0.36
TRX 0.12
JST 0.040
BTC 70846.59
ETH 3567.69
USDT 1.00
SBD 4.79