I do feel more positive for the future than last summer. Reasons:
- The value of Bitcoin went up a lot with Segwit adoption, low fees and lightning, the technology is evolving quicker than I expected.
- We have a lot more people interested in crypto than last summer, even if many left after the drop. But they will come back, if price rises again.
- Countries are starting to compete for blockchain companies, like Switzerland, Japan, the EU and so on
- Once regulations are set, this will open the possibility for traditional investments to put a small amount into the crypto space to diversify. I think this will be huge.
- A lot of the bad news have been produced. I mean we had China FUD (they only can open up again), Korea FUD (they realized their citizens are too deep in crypto to ban it, so they will have to regulate it in a positive way), ICO and SEC FUD (Congress hearing, SEC hearing and finally the G20 on March 20th). I mean, once we have a bad or good regulation, there cant be more bad news, unless some quantum computer is decoding all the private keys on the blockchain...
So my view is positive and I believe that after the G20 summit, price will recover, since regulation wont kick in immediately and it wont be that bad as most believe. Regulation could be the door opener for the next bull market.