Up to now, this year is very bad for crypto investors. Everybody hopes a uptrend soon. But no one can say when it happen exactly. Some people say in april, it will start and go to peak in june and decline in august again. Some says gradual increase will happen from april to year end. Some people already converted all coins to usdt and hope further decline may be to 5k -6k. Very difficult to guess. But bitcoin will not dead. We can say it without any doubt.
What do you think about this? Will we see the downtrend continuously?
There were huge price drops in BTC in the past, but as you can see BTC has still strong positions. I would say that crypto has bad times now but it will survive. Good projects show very positive signs even in current bear market.
My expectations: people will wait for certain period of time (2 weeks or month) and see that BTC didn't drop in value a lot, so it will not drop more in the nearest future. They will gain previous confidence and we will get market recovery.
Also I think that recovery will be very strong and we will see much higher figures for crypto currency leaders as NEO, ETH, BTC, ICX, Cardano etc.