The first quarter of 2018 has been typically volatile for cryptocurrency investors. Unlike previous quarters, the volatility didn’t result in higher prices across the board. In its latest Cryptocurrency Quarterly report, Canaccord Genuity analyst Michael Graham said there were three key themes that dominated the crypto market in the opening months of 2018: The prospect of more global cryptocurrency regulation is weighing on investor sentiment.A long-term look at bitcoin’s price history suggests a pattern of months of sideways price consolidation followed by short, large breakouts to new highs.The market needs demand for altcoins to justify their massive market caps.Source