Hello, dear Steemians, tonight, once again with you, this time we will do one analysis of the cryptocurrency market. I hope you like our idea and enjoy reading our texts. We will try to provide you with as much interesting information as possible. We want you to enjoy this Sunday evening.
@steemagazin
Cryptocurrency market movement
After the fantastic year of 2017 and the enormous growth of the cryptocurrency market, especially in the fourth part of the year, we come to the expected drop in the market. That decline, which began at the beginning of this year, continues, so it has been around for some ten months. We all eagerly await the end, that is, the bottom of the market and the beginning of a new pumping cycle. Of course, at each corner we can hear different cryptocurrency market predictions. But, it seems, we are all convinced of one thing, that is, we are close to the end of the fall of the market. After a Bitcoin (BTC) high of close to $20,000, depending on the exchange office, there has been a decline that continues to date. Logically, with the fall of Bitcoin, prices of other cryptocurrency, so-called altcoins, also fell.
You can see some statistics here: 
Source: BitScreener
This is a graph of Bitcoin (BTC) price movement at Bittrex: 
Source: BitScreener
What to expect?
Of course, the most wanted question, when the market will go up... A question worth one Bitcoin (BTC). It seems that we are at the end of one cycle, perhaps already at the beginning of a new cycle up. Certainly, it seems that we have endured all attacks on the "crypto bubble". We can hear from different sides that we are at the end of the fall of the market, from Mike Novogratz to the founder of Binance, CZ. There is also an interesting survey of the Fundstrat on the current state of cryptocurrency market, survey says that institutions are bullish and that likely Bitcoin bottom is here. For sure, don't allow this survey to cloud your judgement. Nevertheless, perhaps the most important thing for us is that the bright future of the blockchain technology and the world of cryptocurrenices are ahead of us. Already serious investments as well as the interest of institutional money in investing in cryptocurrency market show that we are getting closer to massive use of digital money in everyday life. Of course, we are all closer to a new market growth that will surely lead to more than one trillion of capital in the market. We will keep up with the movement of the market and hope for the most fertile fourth quarter. Of course, the growth of the market is inevitable.
Check out survey here: 
Source: fundstrat.com
Written by: @atimk23
Our team: @sulepower, @tinmar, @kalu24, @kekec, @strictlybusiness and @atimk23
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