Crypto downtrend comes with lots of negative news and same uptrend comes with lots of good news.
As we can see that market is very high and seems that it is an starting of crypto market uptrend. The market downtrend starts because of lots of bad and negative news in the market. We can hear lots of bad news in market when market crash because FUDS are created to down the market.
Also the market uptrend starts with lots of good news. I think this is the time for crypto market uptrend and now we are able to hear lots of good news about crypto market.
Here i am today want to gather some great news, which are also the main reason of recently crypto pump.
Germany largest stock exchange launches "bison" a crypto trading app. The app is developed by Boerse Stuttgart, which will support trading in Bitcoin, Ethereum, Ripple, Litecoin, more will come soon.
“It is the first crypto app in the world to have a traditional stock exchange behind it,” according to Sowa Labs Managing Director Ulli Spankowski Quoted In Finextra. Japan 16 crypto currencies exchanges has received authorized licence. Earlier announced that Japan has removed licences of 5-6 exchange, when market was crashing ( To Create Fud ) A new organization of crypto currency is created by Japan FSA ( Financial services agency ) And the agency approved 16 crypto exchanges, according to local media.
Yahoo! Japan is entering in crypto exchange. Yahoo! Japan has announced on yesterday that yahoo is entering in crypto by acquiring a stake in japanese crypto exchange, which is already approved by agency( Discussed Above ). The company is expected to launch a crypto currency exchange,Nikkei elaborated.
Louisiana mayor proposes government issued Crypto. Joel Robideaux, the mayor president of the Louisiana city of Lafayette has proposed a plan to issue an crypto currency through ICO ( Initial Coin Offering ).
Many crypto investers, strategist, sites has predicted the price of bitcoin and here are some of them below.
"CCN Opinion: We are at the End of another Cryptocurrency Downward Trend"
"Wall Street Strategist Tom Lee Still ‘Confident’ Bitcoin Price Will Reach $25K In 2018"
"Pantera Capital Predicts Record BTC Prices Within 12 Months"
And ever more, do you know about, Tim Draper
"Bitcoin Price Will Hit $250K In 2022: Tim Draper Sets Prediction"
There are more to be come, most probably this is the starting of crypto market uptrend. These news are so satisfying and makes me happy when i look at the market because i haven't seen the so much greenery for such a long time in crypto market. I hope it goes straight to this way and break its ATH.
Currently the market cap is at $332,341,594,469 which was earlier below 250,000,000,000 1-2 week ago. So this is a very good start of market. Let's see where its goes. Also, don't forget to comment that what you think about crypto market and where you see Bitcoin in the end of the year.
Please do not take it as a financial advise. THIS IS NOT A BUY REQUEST. It is just my analysis,opinion and result of readings. So before investing in any Crypto currency, do your own research first. I will not be responsible for any losses
Thanks for reading...
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Excellent article, you have a great blog! I followed you, I hope you will follow me. I'm interested in this direction as well as you, let's develop Steemit together.
Glad to know that you liked it. Will check your profile too.
Thank you!
Its time to pump. Let's take a ride
That look like a positive forecast. I hope it continues to stay on the green side as well because as I understand it that is the good news side of things, yes? It would be interesting if it will reach 250k. Let's see what the future holds.
Yes !
It would be great to see bitcoin at 250k, Its huge but not impossible. Let's see
Wouldn't it be great if that happens sooner though? lol!
Haha ! Yes of course.
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