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Author Topic: [2018-04-12] Bitcoin in Brief Thursday: Crypto Winter Is Almost Over  (Read 36 times)
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April 12, 2018, 06:53:02 AM

Could this year’s crypto winter be nearing an end? That’s the opinion of some experts, and while bullish predictions are easy to come by, there are signs that a thaw could be underway. In today’s Bitcoin in Brief, we examine the market forecast for the weeks ahead.

Bears Abate While Bulls Congregate

While market uncertainty has persisted for weeks, a few experts have felt bold enough to pop their heads above the parapet and predict the worst is over. On Monday, Crypto Asset Management’s Timothy Enneking asserted that the bull market has largely run its course. On crypto Twitter, many traders are also cautiously optimistic. For the first time in a long time, they’ve actually begun sharing calls with their followers, something they’d hitherto been hesitant to do.

Bitcoin has scarcely moved in days, but altcoins, including ethereum and NEO, have started to show green shoots, and EOS is positively blossoming, up 27% in 24 hours. That being said, it’s too early for celebrations. As one trader sagely put it, “The markets will bounce when everybody stops celebrating every single green candle and random shitcoin spike.”

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Ruby Anderson
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April 12, 2018, 07:18:22 AM

My hopes are up! let's see what happens in Q2 and Q3 of 2018

P.S I started cloud mining btc and have been waiting to write smth about it, it's going good so far, and if the predictions are true and the price goes up then i can only think about that right now!!
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