Reasons to be bearish and bullish in bitcoin

in #bitcoin7 years ago

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Reasons to be bullish:

  • Robinhood w/ 1,000,000+ in crypto waitlist
  • Korea's positive regulations
  • Japanese companies integrating Bitcoin payment systems.
  • Transaction fees down.
  • Transaction speed quicker.
  • Quarterly 50-70% dip occurring

Reasons to be bearish:

  • Tether failure (which would force people back into crypto & clean the space of corruption)
  • Country regulations (Not really a concern, most places accepting it)
  • Certain chart indicators not seen since many years ago
  • Bubble popped