Crypto market correction and recovery periods

The first crypto market correction in 2018 is still in full swing and nobody knows when it will come to an end. Now the question is: How long will it take for the market to recover after it finally ends?

I recently wrote an article about crypto market dynamics. Here is an updated chart which includes the current market correction:

Crypto market corrections in 2017 and 2018

The magnitude of the current correction exceeds all of 2017.
 

Crypto market recovery periods

The current price drop will end at some point. But how long will it take for the market to recover? Let’s take a look at the correction and recovery periods in 2017:

Crypto market corrections and recoveries in 2017

What can we conclude from this chart? It’s probably safe to say that the market will need at least two months to recover from the current price drop, assuming the correction ended yesterday (which we don’t know). Here is another view of the correction and recovery periods in 2017 and 2018:

Crypto market correction and recovery periods

It will be interesting to see how it develops in the following weeks. What is your opinion on this topic? Share your observations with us.

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DISCLAIMER: This article is for informational and discussion purposes only and does not constitute a marketing message, an investment survey, an investment recommendation, or investment advice. The article was prepared exclusively for a better understanding of market dynamics.

 
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