It’s was a big move made by bitcoin..... Is it's indicator of bull run orr it's something else that investors should aware off..
Bitcoin is over bought right now and it's happens in a very long time when most of the investors gave up there hopes due to no matter how good news about the blockchain orr bitcoin implementation it's keeps testing it's bottom ~6000$
But here we can see big move made by bitcoin let's talk about why this happened ....
Tommorow were some grear news about BTC... And it makes investors to renters into the market but what was it ???
So let's talk about the news.... :-
Bitcoin’s largest surge in two weeks was caused by the announcement that BlackRock, the world’s biggest asset management company, is looking to invest in the digital currency.
A spokesman from BlackRock told the Express.co.uk today: “Like most financial institutions, BlackRock has a working group that meets periodically to exchange information on blockchain and consists of employees from various parts of the business.
Blockchain advocate @TheCryptoLab tweeted: “This is absolutely huge, Black Rock is a $6.3 TRILLION investment powerhouse. 25x bigger than crypto itself. First JP Morgan, then Goldman Sachs and now Black Rock. Bullish!
Is it starting of a bull run ??? Or is it just over hyped news that's make people exited and makes them to enter in the market ???
Plz comment down ur opinion....
Wouldn't it be great if it's start of another bull run !!!