Consensys 2018 is over. History did not repeat itself as several forecasters were predicting. Instead we went the other way and dumped nearly $40b of the total crypto market capitalization this week. We cover some of the reasons analysts are claiming for the dump below. However one thing can be made certain, predicting the way Bitcoin will move in the short term is similar to flipping a coin. There are certainly no absolutes in this space. Which is why in the courses we teach at ProButterfly we always build and trade according to a plan. One which has three independent reasons of taking every trade.  

Consensys 2018 Predictions Gone Bad Tom Lee of Fundstrat Global made a bold and very public prediction prior to the start of Consensys 2018 that we are going to be seeing the beginnings of a summer rally. Unfortunately there was...