Crypto Currency market about to enter massive bull run Feb/March 2018

in #cryptocurrency6 years ago

I believe the crypto market will enter a massive bull market in the next weeks (start of February/ March) due to these factors :

  • Market Fundamentals
    Bitcoin had a 50 percent drop which is a big correction, a turn to bullish momentum is imminent
  • Chinese new year coming to an end
    Asian markets will pick up in volume again
  • Positive news about to hit mainstream media
    Traditional financial assets and equity exchanges supporting crypto trading such as Robinhood,
    NY stock exchange etc.., apart from the positive impact of the news this will increase access for retail investors
  • BME futures contracts coming to an end and new contracts created
  • The crypto currency ecosystem is still growing exponentially with new money flowing in such as the exponential user
    growth on exchanges, the price will start reflecting it.
  • Big industry names with billions of users potentially getting involved in Crypto such as Amazon, facebook etc...

This is just a quick thought on why I think the crypto market is ripe for a large and sustained bull run starting the next few weeks. Remember HODL

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