When the overall cryptocurrency market momentum turns as uber bullish as it is right now, it appears all bets are off. The Bitcoin Cash price, for example, is pretty interesting to keep an eye on as of right now. Its value has hit $164 again and the BCH/BTC gains are quite substantial at this point.
Throughout the year 2018, there hasn’t been a sustainable uptrend for any of the cryptocurrencies or digital asset son the market today. That is not entirely surprising, as late 2017 was a period which seemingly made no chance whatsoever. This correction was direly needed first and foremost and it seems the markets are finally done with the bearish pressure. There is still a good chance a new drop will kick in pretty soon, but for now, keeping spirits up is the top priority.