RE: Is Cryptocurrency Downtrend finally over?
Well, it's an interesting question. It could be just the big boys taking the shorters money. We know there is big money waiting on the sidelines, but we don't know whether it's going long, or shorting Btc on the futures market. My sense is that we'll see a bull run soon, but things won't go up in a linear fashion, of course. I think this because I'm hearing lots of positive comments from hedge fund managers, I'm also beginning to think we'll see more and more partnerships like the one Verge are set to announce. The regulators of different countries also seem to be competing with each other to be the most attractive place for Fintech. Barclays and other banks, maybe even corporations like Amazon will probably launch crypto trading platforms.
Great to see positivly thinking people. I hope we will see those announcements in the near future. The Market has been down for to long, all those crypto regulations coming out from korea china or any other country has to stop one day and its goin to be a great bull run.