Bear run of Crypto
Today I'm gonna tell you guys how I believe crpto market may still be down for a bear run for a little bit guys. But then why I believe the bull run in coming and it is going to be the most lucrative time in 2018 for cryptocurrency's or altcoins, Bitcoins everything guys.
Right now people are saying that we'll be 2 years bare market right now, I don't see it guys. I think there is too much exposure in the space. I think that where we've grown from just even a year ago at a total MarketCap of only less than 25 Billion now still helpfully over 350 Billion. I think there is too much exposure guys, I think that space is too large at this point and endure a 2 year bare market,but I think the bear is still here for a little bit longer
Let me explain you, so when this whale dumps all the coins in the market it increases the supply greatly. He added over 36 thousand new bitcoins into the economy. so when this happens and the price is going down and interest is being lost retail's investors are getting scared etc., what happened guys is the market demand goes down. So the supply is increasing and the demand is falling. So you have a basic supply and demand issue here guys where when the demand is falling and the supply is rising cause he puts all the new coins in the market, the price just falls. So contrary to what we have in the bull run in late 2017 we were having everyone holding, it was a buy and hold strategy everyone was a holder everyone was assimilating Bitcoin whether that's buying from fiat trading for it from Altcoins and earning bitcoin profit and holding those Bitcoins.
People will not willing to dump their Bitcoins back into the market for fiat, everyone was a holder . The thing is that at that time the demand was rising because everyone wanted bitcoin to hold and the supply was falling because as people buy and hold and accumulate than trading and hold the supply become less and less there is less liquid Bitcoin in the market everyday, which naturally rises the price and that is why we saw this huge parabolic rise up line . That was a holder sentiments, that is what going to prepare us again, but right now I don't think the market is right for a holder sentiment.
Actually holder's are just getting absolutely decimated this entire time in the bitcoin market right now. So the thing is that we need to see some sentiment change here, and what I believe is gonna happen is that over the course of next may be 2 months or 3 months at most 4-5 months s that we're gonna see this demand supply ratio to even back out. We're gonna get people holding coins buying them back up and observing this influx of coins like a sponge and basically starting this holder strategy over again.
So I don't think we've done with this yet , I think that the best opportunity I believe for Altcoins in 2018 is coming up. I believe that within the next few weeks to 2 months max there is going to be huge financial opportunity in the Altcoin market. If you're a trader in this market you're going to make the most profit here by trading speculative Altcoins.
We are in this generic market cycle right now, and we are in the denial phase right now close to the bottom we're gonna have one more panic down probably get back into 6-7k maybe a 5k range here for bitcoin and then we'll start to suck up that equity from this whale. People will start to getting that holder mindset again because the price is soo cheap that it's just a great time to buy a whole again. Once we start to buy and holding the opportunities in Altcoin market should be juicy.