The next BTC rally will be in June?
No long enough we have wrote about perspectives of BTC: about the possibilities. Top investors say that now it`s time to invest in cryptocurrencies because BTC price is relatively low and everyone who will enter the market can make a significant profit. All agree that a possible period when currencies will grow is second half of 2018.
Not so long ago a Huobi Research’ conducted a survey with close to 2,000 individuals from 23 different countries to get a visual of what cryptocurrency sentiment looks like today. As cryptocurrencies have slid in value over the past three months according to the report, 77.9 percent of those polled were still bullish over the next three years.
The research reveals that most investors are more bullish towards the medium-term market in regard to the cryptocurrency economy. Around 77.6 of the participants believe that the total market value of cryptocurrency will see gains in the next three months (source: https://news.bitcoin.com/huobis-sentiment-index-shows-cryptocurrency-investors-still-bullish/).
Moreover, we have conducted the research. We can conclude that will not recover until the summer according to historical dynamics. We have analyzed the BTC falls more than 20% for the last 3 years: the conclusion is that recovery period takes 1.7 times longer than period of fall. We have calculated that a next big movement for BTC will be June 2018.
So we suggest you to enter the market in mid April or May in case not to miss a new wave of BTC growth.
If you would like to know more, pls subscribe and follow us.
Our links:
Site: https://matador.fund/
Twitter: https://twitter.com/matador_fund
Steemit: https://steemit.com/@matadorfund
Telegram: https://web.telegram.org/#/im?p=@matadorfund
Best Regards, MATADOR FUND Team