Next Week Could Be Most Critical Week for Crypto Yet

As News BTC reports, “Every moment in the highly volatile crypto market is an intense one. Prices can skyrocket, then evaporate completely just as fast.

“But the week ahead, according to one crypto analyst, may be the most critical week for the crypto market – altcoins and Bitcoin included – ever, and depending on what happens next, will shape the future of the entire industry.

“2019 has been a strange year for the crypto market. After the 2017 bull run ended, it ended with a massive bubble pop that led to a long, arduous bear market, that saw as much as 99% of some crypto assets eliminated in short order.

“Even Bitcoin plummeted over 80% before it reached its bear market bottom in December 2018 at roughly $3,100. After Bitcoin and other crypto-assets rebounded from what most believed to be the bottom, altcoins and Bitcoin began to rally.

“But at some point, Bitcoin and altcoins diverged and Bitcoin went on set new 2019 highs and almost retested its previous all-time high. Meanwhile, altcoins collapsed and many went on to set new lows, suggesting that the bear market isn’t actually over…”

Continue to view the full story at News BTC.

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