Crypto bottom looks like it was put in early this morning. Capitulation was reached. Heavy volume and panic selling.
We saw extremely heavy volume of buying and selling Cryptos last night and this morning. From my experience this is what capitulation looks like.
There was a huge battle on Bitcoin levels from $8000-$6000. Value Investors and Traders were coming in here buying up relativity cheap Bitcoin and Crypto, while at the same time weak hands were throwing in the towel.
This was the biggest selloff I have witness in Crypto since 2014. 
Heavy volume here.
Looks like a classic V bottom to me. I think we will see a strong recovery now that the money chasers are out. My target on the total Crypto market capitalization is near $2 trillion by end of this year 2018 and up to $10 trillion by 2020.
Good luck everyone.
I think people misunderstood what crypto is. I think most people think this is a quick rich scheme.
And the media use this chance to fool around with these people by SHILL coins to the max then spread the FUD. And then say I told you so it's a bubble.
It kinda piss me off when I see headlines exactly when bitcoin drops. I think they have prepared the article already and wait the price to go down then post it.
For the rest of us, we should look at what is happening right now as an amazing opportunity. Results are not guaranteed, but I believe they are still likely. The prices will go back up and everyone who sold low will kick themselves on the bruise they formed when they kicked themselves the first time.
But it was just luck, right? ;-) That what they will say and what they said many times before. Media is "always" right. hehehe! ;-)
I don't mean bad news but there are good news trying to motivate people to invest in cryptocurrency and their are some of haters of this technology trying to distract investors and make them shaky with negative opinions😀
I want to kick their ass😂
Yeah I'd like to kick there ass too b/c so much false info being spewed out but its like this with any revolutionary new tech. In the early Internet era and the main media talked about it was for Terrorist and Porn. People always hate something that they don't understand but fail to even research it first.
Finally, the price of bitcoin appears to be picking up a little, at least for the moment. The last three days have seen a stronger performance, after the market apparently bottomed out🙂
I hope the price will not plunge now.
Hello @hedge-x,
You're right. You said before a lot of times on my blog. I hope ehat you said will become true. In this dip I buyed some cryptos, cheap bucks. I hope I will earn some in 3 months with what I had buyed.
Thank you for beeing an inspiration for me.
Irina V.
Hopefully we will finally see a recovery. The markets were in the reds for so long now... But hey, it was a good opportunity to get into cryptos at low prices. Now we will go to the moon! I kinda wish I had more money to buy more cryptos, because these prices just feel like a steal at the moment, because everything is so cheap...
Agree. For people that wanted in this is the perfect time.
That $6,000 level could actually be the bottom. I still think we are heading lower but I'm not for sure now.
Yes, its very hard to say but its def a better time to pick up more Cryptos now than a month ago.
This is what I have been watching for too. You can really see the raw human emotion of people shitting the bed in the charts you have posted above haha.
Keep up the great work mate!
Thanks!
I like the way you think.