It's More Than a Rally...It's a Referendum!

You might as well throw your analytic charts out the window because what we are witnessing is truly unprecedented. Bitcoin, Ethereum, Dash and others didn't come on the seen last week.....And neither did a host of other alt coins. So why now? What's really going on? Some will say that it has to do with the Trump election and that might be part of it. But that isn't all of it. There's more to the story...Much more!

I believe the real reason behind this really has less to do with cryptocurrency and more to do with a failing fiat currency system. It's so important that we understand that the dollar is being propped up by the oil agreements also known as the petrodollar. Don't think that just because you're not living in America that your local fiat currency is safe because it's all inner-connected. Am I predicting a collapse in paper currencies? No, I'm not necessarily saying this. But we do need to realize that the fear of a possible collapse is what is driving this cryptocurrency uptrend to higher and higher levels!

So how long will this super insane crypto uptrend last? That depends. If certain holders decide to sell off their positions, then we could see a small correction. But I don't think that it will slow things down all that much because it's doubtful confidence in fiat will return anytime soon.

We are in new territory and that's what we all need to remember and think about. Things could always come crashing down but I highly doubt that will be the case. Just know that there are no guarantees. I believe we will continue to see new cryptocurrencies with even greater speed and scalability... Such as EOS and even others that we haven't even heard about yet. These are some crazy times so hang on , my friends!

If you enjoyed this article, then feel free to upvote , resteem and comment below. Follow me to catch more interesting blogs and vlogs! :)