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RE: MARKET UPTREND MODE: Uptrending Again as Crypto Market Cap SMASHES Past the .43 Trillion Mark Once More.

in #steem7 years ago

let's hope this uptrend continues!

It's been a tough few months, but it looks like the market is coming around.

Watch for next month as the big money, institutional players start to enter the fold. That may really make these moves stick and grow.

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What is important about next month for institutional players? Are you just referring to mainnet coming online for EOS?

No. Next month is the big Cyprto event - sorry, can't remember the name - There are several funds saying they are going to be jumping into the market after that event so they can get the perspective they need before moving.

The one top analyst I follow, who is very connected, has been talking about May as the turning point for about six months.

Time will tell of course, but I hope he's right.

The big (smart money, it's called) is supposedly starting to make its move and the markets will respond.

Amen to this LOL