Is the Crypto market growing again in the fourth quarter of 2018?

[stechpro.vn]

The question that most investors post: Is the Crypto market growing again in the fourth quarter of 2018?

Although the crypto market has fallen sharply since the beginning of 2018 to the end of Q3. But many experts believe there will be a significant uptrend in the fourth quarter of this year, which would be in line with the trend that seems to have taken place. set up in recent years. From 2016, the pre-coding market has become active in the last three months of the year. Take Bitcoin as an example. The coded currency began trading in 2016 at $ 434 but ended the year at twice the value at $ 963. Beginning in October, this top-coded currency is trading at a steady pace and prices are almost unchanged in December 2016.

In 2017, a peak of $ 20,000 was achieved in mid-December. The BTC is not the only codification currency to follow this trend as the altcoin market is experiencing significant price increases. in that time. When we enter Q4 2018 in less than a month, there is likely to be a year-end surge. So, there are possibilities to make a substantial profit with altcoin when year-end closing prices will be higher than current levels based on trends that have occurred since previous years. In addition to the hope of history repeating itself, there are also specific reasons why 2018 follows trends set in the past two years. First of all, October marks a period in which activities related to updating for multiple altcoin are enhanced.

As expected, Lisk is expected to launch a decentralized trading platform on October 1, This event could have a positive impact on the price of the coded currency in the context of its current price is slightly higher than $ 4 and is currently ranked No. 24 on the coin market capitalization. December will also see an important move from Stellar (XLM) as the altcoin plans to launch the Lightning Network in its own livenet. CyberMiles (CMT) for e-commerce will also launch its official mainnet in October 2018.

All the important updates and additions to the various altcoins in the market create the belief that the overall market is likely to move positively. BTC may show potential signs for a bull run beginning in November.