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RE: Bitcoin Dives! The Issues of a Low Liquidity Market

in #bitcoin7 years ago

We are going to see another pump in bitcoin. The reasons are:

  1. Segwit and lightning network adoption - low fees and fast transactions,
  2. Bitcoin futures - major players got money from shorts, now it is time to pump it again and it doesn't take that much money, as you mentioned in your post, to pump even bitcoin.
  3. Watch Dow 30 - any big drop in Dow will drag bitcoin with it.