Bull's Power or Bear's Control?
Cryptocurrencies may play with our nerves for a few more weeks. Investors are feverish and the slightest announcement creates a panic effect sometimes difficult to control.
The SEC remains suspenseful after announcing the postponement of its ETF acceptance decisions to the end of September. The entire market is trying to guess the intentions of the authorities and the slightest rumor takes on disproportionate proportions.
I think the course of Bitcoin and altcoins will continue its ups and downs in the next few days to the rhythm of (fake) news. We will then experience a short pause of relative stability before seeing a bullish trend as the announcement of the SEC approaches.
If this proves to be contrary to expectations, Bitcoin and altcoins will have to fight hard to save their skin at the end of the year...
What's your opinion?