Bring on the bulls!

in #cryptocurrency7 years ago (edited)

A positive Friday bodes well for the market in the coming week...

Reaching the $500 billion mark once again, the cryptocurrency market continued its upward climb on Friday - a bit of an anomaly from the usual weekend movement of the market.

Over recent weeks and months, weekends have traditionally been a lull in market spending - not so, this weekend. Prices and volume have continued to creep steadily upward, indicating a bullish attitude in the cryptocurrency market.

With anticipation of LitePay, SegWit implementation on Coinbase, easing of regulatory talk, and a generally more positive outlook toward cryptocurrency, this next week could see very bullish movement in the market. It seems that the market is generally moving away from FUD and back towards a general feeling of FOMO.

Bitcoin continues a strong upward trajectory along with most major currencies, and a few pleasant surprises such as Verge, Monero, and NEO.

This is likely a good time to sit back and watch as numerous currencies rocket skyward. Avoid committing too much money to trying to time rapid vertical movement in pricing and instead, simply enjoy the movement of the markets this weekend. Positive movement could continue for a few days or even weeks with the news that will be released over approaching days. Numerous currencies are experiencing rapid positive movement and may well see a sell-off in the near future.

In the meantime, enjoy those positive vibes!

*This is not professional trading advice - it's just my opinion!

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