5 Indicators BITCOIN & The CRYPTO Market Is Turning BULLISH!

in #crypto3 years ago

Get the Ledger Nano X to Safely store your Crypto - https://www.ledgerwallet.com/r/acd6 Help support the channel by joining my Patreon group - https://www.patreon.com/thinkingcrypto Sign up with Coinbase for Free and get $10 free Bitcoin when you spend $100! - https://www.coinbase.com/join/59db057... Easily purchase Altcoins such as XRP, Cardano and more on the Binance exchange - https://www.binance.com/?ref=2157551 Follow on Twitter - https://twitter.com/ThinkingCrypto1 Follow on Facebook - https://www.facebook.com/thinkingcrypto/ Website - http://www.ThinkingCrypto.com/ Follow on Steemit - https://steemit.com/@thinkingcrypto ================================================= Help support the channel! Donations : BTC - 3GPcKwB3UGML4UiYqZM6BYx7Nu5Dj7GKDD ETH - 0x7929e49cabe8d95d31392eaf974f378b508da2f4 LTC - MWMhsyGX7tsTPGS2EtSCAWpy3ywCv25r6B XRP - rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv Destination Tag - 35594196 ================================================= Bitcoin Mining Profitability I believe we have hit the bottom If Bitcoin’s price were to fall lower, the larger mining companies will have profitability issues. They might have to shutdown which would be very bad for the Bitcoin network General public sentiment is Bitcoin and crypto was a fad, lost money, scared to invest etc.

CBOE Stops New Bitcoin Futures
This was an unforeseen and weird move by the CBOE. Why would they stop when they were making a lot money off this product?
Their Bitcoin futures product was launched when prices were high and they drove the prices down

SEC Positive Statements & Events
SEC mentioned digital assets are a high priority in 2019 - they have a Fintech Forum scheduled in May 2019 where they will discuss Digital Assets
Valerie Szczepanik - “Crypto Spring is coming” (SXSW)
Robert J. Jackson Jr. - “Bitcoin ETF will eventually be approved”
Jay Clayton confirms Ethereum is not a security
Hester Peirce continues speaking and spreading news about crypto
SEC members are attending crypto events!

Major Launches & Investments Surge
Many launches were scheduled for 2019 and we are seeing them go live now.
Fidelity Digital Assets, Voyager, LGO Markets, DX Exchange and more recently went live
Millions being invested into different projects!

Regulations Being Passed & Dialogue Increasing
Token Taxonomy Act - to be reintroduced soon
DC Blockchain Summit 2019 - more politicians getting involved in pushing for the crypto regulations and spreading the knowledge
Governments around the world making moves to pass crypto regulations
#Crypto #Bitcoin #CryptoBullRun

Coin Marketplace

STEEM 0.28
TRX 0.07
JST 0.044
BTC 30298.68
ETH 2069.63
USDT 1.00
SBD 2.68