Did the Crypto Market Bottom Out? The Recovery Continues

The entire cryptocurrency market, led by Bitcoin, has made a substantial recovery in the past two days. Not only has Bitcoin recovered from under $7,000 to over $8,000, but almost every altcoin has followed suit, with most exceeding the returns of Bitcoin. Did we hit the bottom for 2018 with sunny skies in the crypto world ahead? Let's talk about a recent statement from Dan Morehead and Joey Krug from Pantera Capital, who recently called the 2018 Bitcoin bottom at $6,500 and said we're now in the clear. 

Bloomberg article on Pantera Capital calling the bottom:

https://www.bloomberg.com/news/articles/2018-04-12/crypto-hedge-fund-pantera-capital-says-bitcoin-has-bottomed-out?utm_source=google&utm_medium=bd&cmpId=google

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Podcast links if you'd like to listen instead of watch:
iTunes: https://itunes.apple.com/us/podcast/crypto-bobby-talking-investing-in-cryptocurrencies/id1269307001?mt=2
Spotify: https://open.spotify.com/show/7n1EJmK1cP3IDTVqxC03UP?si=-M2v-uvuRoy0Tzd5a6KqlQ
Stitcher: https://www.stitcher.com/podcast/crypto-bobby-talking-investing-in-cryptocurrencies
Google Play: https://play.google.com/music/m/Ihti7233jyn4rcg3xqygeedbye4?t=Crypto_Bobby_-_Talking_Investing_in_Cryptocurrencies

*Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! *

** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**