Bitcoin Boom

bullsvsbears (62)in #steempress • 6 years ago

Sir, we have take off. I can feel the FOMO in the air. While the altcoin/btc markets seem to be capitulating, the BTCUSD market is heating up. With ETF speculation in the air, there is a certain buzz to the markets. After a roughly 35% jump in a few weeks, Bitcoin has caught the eye of many speculative investors wondering why they have not made those returns in quite some time.

The bear market has caused disbelief amongst believers in the crypto markets and made way for a nice relief rally. Whether or not this is a bull trap will only be answered by time, yet it is confirmed that $5750 is a confirmed bottom for BTC.

I am expecting altcoins to follow bitcoin's lead and bang out great % returns over the course of the next month. August is shaping out to look like a good month for BTC, but of course you never know.

Excitement fills Twitter + Steemit too as crypto investors will reap the benefits of their gains and push towards a new digital economy. Its a full blown technological "revolution" towards digital freedom, security, privacy and a true digital economy.