Will cryptocurrencies prices hit bottom? Will crypto prices recover? The crypto coins crash stopped after hitting a 14-month low on Tuesday; the majority of coins are making small sideways movements. The total market capitalization continues to trade in the range of $150 billion, slightly higher from the 14-month low of $141 billion that it touched early this week.

Bitcoin has also pared some losses; the largest coins holds some ground around $4,500 after Bitcoin enthusiasts came to rescue the tumbling crypto markets.

A Rescue From Big Market Players

Binance’s CEO is one of the market players who tried to convince traders that the market isn’t crashing. He reassured them that cryptocurrencies are here to stay.

In a tweet, he shared: “I wish I could tell you my story from 2015 when $btc price ‘crashed’ below $200. I sold my house and bought in at $600 a few months earlier. Well, I’m still here.”

eToro analyst Mati Greenspan echoed CZ Binance’s statement. He suggested that investors should consider entering the market after the sharp price drop last week. “With prices falling, this is a buyer’s market,” Greenspan said.

Nigel Green, the founder of deVere, believes it’s the best time to buy crypto coins. He stated: “Now volatility is back and many savvy investors will be using this as a major buying opportunity, perhaps the last one of 2018. Savvy investors understand that digital currencies are the future of money and, as such, they will be capitalizing on the lower prices in order to build their portfolios and shore-up their positions.”

Is the Bull-Run On Way?

The latest crash in the cryptocurrency market was surprising; traders were expecting the market to move higher before Christmas according to the historical trends. Will crypto prices recover? They have also been considering several positive signs, such as investments from institutional investors to provide support to prices. The increasing regulators’ role and the introduction of new technologies to secure crypto exchanges from hacks and price manipulation activities could also add to bulls’ sentiments.

Where are crypto prices moving in the coming days in your opinion? Let us know about your price prediction in the comment section below.