Has the CryptoCurrency Market hit bottom for 2018?

Has the CryptoCurrency Market hit bottom for 2018?

I've been watching Cryptocurrency drop steadily from the sidelines in 2018 and keeping a close eye comparing the charts to 2014 when I happened to lose a bunch of money. Fortunately in 2017 you might recall I made the prediction a crash was coming in the based on the historical run up from 2014 that I wrote about in the LinkedIn article Bye, Bye Bitcoin, No more Eth. My technical analysis was simple... I compared the charts from back to 2014's crash as I am doing here and saw a near identical spike and had the intuition that history was repeating itself and a crash was likely coming. I expect many of these cycles to happen as Cryptocurrency grows.

Now we are on the back side of the historical 2018 crash and based on my super scientific charting and analysis using Apple Preview, I believe the cycles in crypto are accelerating and that we may be at the bottom for 2018 with big upside ahead similar to the consolidation in price from 2014. The red I represents a nearly identical change in value representing the bottom for both 2014 and 2018. To me, it looks like it could be a good opportunity to buy at these prices for BTC and ETH. I think we will see strong alt consolidation and hopefully many alts will die from this recent correction as none of us can keep up with all these ridiculous chains. It might be worth considering A small stake in a few high market cap alt coins like EOS, Ripple, Vechain, etc. if you're really looking to take a high risk and also diversify in high potential upside.

Keep in mind Crypto is a highly volatile market with high risk that could result in a loss of all assets so only invest what you can afford to lose, invest wisely and understand the risk

HODL! - Patrick

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