Cryptos I dont think Cryptos are a fad ,history would teach us that they are very cyclical with a 4 year time frame .They are very volatile.BTC and Ethe in particular have had a fantastic run .The bull markets tend to last 18months or so and the bear markets 2-3 years .
BTC technicals strongly suggest its in a bear market and probably headed down to 10-15K with lots of up and downs until it reaches that level or lower .BTC/ETHE dominance is currently declining .
Coin, which is a bell weather stock for the Crypto stocks is down again today .
BTC and Ethe make up something like 75% of the transaction volume in the Crypto space .
I suspect since BTC/ETHE prices are down 25-30% that this will result in a decline in transactional volume comparing November to December ,if its more than 25-30% then bnxa is performing in line with the decline in value of BTC/ETHE ,if its less then it means BNXA is gaining market share compared to its competitors.
BTC and Ethe will not go down in a straight line according to Elliot wave theory which seems to predict pretty well in the Cryptos ,so when pessimism reaches a maximum then there will be a 0.702 retracement .