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RE: The Crypto Market is WEAK
It is very difficult to know exactly what twists and turns just like any market, however, the evaluation that I produced is in my opinion at least more than your average cause due to variance. In any case, it is very possible to predict certain events of the future. In fact, we have been experiencing a downward trend for the past few months - i.e. we have not seen random fluctuations in price.
We do have developments coming in but one has to keep in mind that objectivity is not the motivation for behavior for this market, emotions and perception is.
Really great insight, I agree, the cryptocurrency market has definitely been experiencing a downtrend.... with all downtrends, price should find a level of support at some point in time...maybe the trend will change at some point in the future.... Your analysis seems very detailed, maybe you'll be able to identify the possible turn in sentiment.... will be interesting to see how things turn out in 6-12 months time....