Bitcoin price who is to blame?
Who is to blame for the latest bullish bitcoin Rally?
I for one am excited and hoping that we see some new all time highs in the coming days, and Im sure a few of us are considering what the reasons might be this time around.
ETF :
I have little faith in the fact that the ETF will be aproved in the United States next month. But it sure looks like people are going to be gambling on this either way, so there is a good short term trading oporturnity that should not be missed .
Ethereum:
Big developments are expected from Vitaliks team in the coming weeks, and as we all know ethereum is being used by a wide array of developers and even well known companies and its just a matter of time before the applications start being used by ever increasing groups of people.
Trump :
He has given us a few hints about what might happen to cryptocurrencies if we look at his cabinet choices, but lets not forget while banks run the govt puppet show we won't be getting any favours from them.
China :
Like I mentioned yesterday, removing margin trading and 0 fees on Chinese based bitcoin exchanges has been a notable game changer. By each passing day it becomes more increasingly difficult to transfer money out of the country, meanwhile more people are learning about cryptocurrency and making good use of the miracle of decentralized money.
Common sense :
The Sheeples are starting to lift their head our of the sand ??? Probably the last thing to happen
Seven months after block halving :
I have read in several places that this is the aproximate time statistically when the price would be expected to rise we are just passed that mark at the moment.
There are a million more reasons to name, India, Venezuela, Greece, Italian Banks, the impending stockalipse, smart contracts, Remitances , Inflation , privacy and finally its nice to be able to see btc rise while we paciently wait for the price of steem to start to make some noise.
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