Cryptocurrencies: A Must-See Chart Going Into May 2018

bitcoin cryptocurrency

Cryptocurrencies have dropped significantly in the last 48 hours. Is this a reason to be concerned or just another buy-the-dip opportunity? The longer term cryptocurrencies chart as May 2018 kicks off makes the point.

Visibly, the long term cryptocurrencies chart which incorporates the 8 largest cryptos reveals a couple of bullish things (chart courtesy GoldChartsRUs):

  1. The long term bull market is nicely in tact.
  2. The recent breakout of the strong sell off is over.
  3. As long as the price of the top 8 reamins in the circle annotated on the chart the great bull market goes on.

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cryprocurrencies chart may 2018

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