Bitcoin Bull Run ?????

anilkadian081 (50)in #mgsc • 6 years ago

Bitcoin's free fall to ~6100$ ends with a rapid surge to ~6700$ and now its stables arround
6700$

It’s was a big move made by bitcoin..... Is it's indicator of bull run orr it's something else that investors should aware off..

Bitcoin is over bought right now and it's happens in a very long time when most of the investors gave up there hopes due to no matter how good news about the blockchain orr bitcoin implementation it's keeps testing it's bottom ~6000$

But here we can see big move made by bitcoin let's talk about why this happened ....

Tommorow were some grear news about BTC... And it makes investors to renters into the market but what was it ???

So let's talk about the news.... :-

Bitcoin’s largest surge in two weeks was caused by the announcement that BlackRock, the world’s biggest asset management company, is looking to invest in the digital currency.

A spokesman from BlackRock told the Express.co.uk today: “Like most financial institutions, BlackRock has a working group that meets periodically to exchange information on blockchain and consists of employees from various parts of the business.

Blockchain advocate @TheCryptoLab tweeted: “This is absolutely huge, Black Rock is a $6.3 TRILLION investment powerhouse. 25x bigger than crypto itself. First JP Morgan, then Goldman Sachs and now Black Rock. Bullish!

Is it starting of a bull run ??? Or is it just over hyped news that's make people exited and makes them to enter in the market ???

Plz comment down ur opinion....

Wouldn't it be great if it's start of another bull run !!!

#bitcoin #cryptocurrency

6 years ago in #mgsc by anilkadian081 (50)

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steembots.info (69) 6 years ago

This post was resteemed by @steemvote and received a 99.44% Upvote. Send 0.5 SBD or STEEM to @steemvote

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bahadur35555 (48) 6 years ago

I think it will touch more low then come

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skpatel007 (28) 6 years ago

I think Bull Run started but Bitcoin market is lost trades. Bitcoin trade is go down. So, finally Bitcoin go up or not?

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anilkadian081 (50) 6 years ago

Chances r that it will go a bit high.... And then reversals.... But no one is 100% accurate in this market

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skpatel007 (28) 6 years ago

Yeah, you are right we don't know about When will the market go up and down.

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vijit4u (30) 6 years ago

yes bull run started..now we will see bitcoin on moon soon.

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yoggie (32) 6 years ago

nice article buddy . i have very little knowledge about cryptocurrency and bitcoin . thank you for sharing such type of usefull content .. plz visit my post and upvote me . i am begginer

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searchnew (57) 6 years ago

@ anilkadian081 yes bro really bitcion start bull run and very soon bitcoin hit the ath.

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mbgbtb (34) 6 years ago

Thanks for the great read, @anilkadian081.
Personally, I'd love to see bitcoin make another run. When it's doing well, it makes the news and people talk about it. Seems like it helps the other crypto as well.
Cheers, @mbgbtb.