According to historical times, Bitcoin is at a decisive moment in which it could go higher at last! After months of agony..
Chart Analysis
Maybe some remember so many technical analyzes that arose around the beginning of December of 2017, where the vast majority expected a correction of the minimum 50% for Bitcoin when touching the $ 10,000, but this never happened and it was there that I entered in a state of Semi-Bubble, that although Bitcoin is very far from being a Bubble because it has shown it and even its technology endorses its use value, so that this current value and those that can reach futures are either $ 100,000 or $ 1,000,000 It would not stop surprising us. But to get to these figures should always be necessary corrections, because if not it would become a big bubble and we do not want that..
In these moments where big financial investors are entering or are looking at cryptocurrencies, such is the recent case of multimillionaire investor George Soros or the recent signature of the company of the Rockefeller family.
“We can quote this important article: https://cointelegraph.com/news/rockefellers-vc-arm-venrock-partners-with-coinfund-exec-highlights-focus-on-long-term”
Resulting in the increase in the confidence that cryptocurrencies need at this time, obtaining the possibility that the expected rise by all crypto lovers is approaching.
Is Bitcoin being manipulated?
Well we are going through one of the worst crises Bitcoin has had, although not the worst in its history compared to 2014, if we can say that the cryptocurrency is so vulnerable to be manipulated at the whim of great whales (big capitals), because To be a market still very weak if we compare it with the market of trillions of dollars of the stock market, but there is no need to fear! This is just the beginning of what awaits bitcoin to futures where everyone should use cryptocurrencies as unique or almost unique forms of payment.
At present, the cryptocurrencies in specific Bitcoin goes through a series of manipulations directed from the governments powers of the world, where together with the media and financial entities take advantage to attack at will the cryptocurrency, with the desperate attempt to maintain the fiduciary currencies in power, knowing the looming financial crisis and the end of the dollar as the main currency for international trade.
But not everything is bad as it seems, because at the same time many countries are legalizing cryptocurrencies for use in the territory, and part of the regulations that cryptocurrencies are suffering is because countries with large technological progress as Japan seek to fully legalize cryptocurrency.
Finally, after all this wave of regulations and excessive manipulations, the crypto market will be able to regularize itself and recover its course towards the trillion of dollars that will surely be this year.
I just hope that everyone has been able to learn from this crisis and to continue learning so that the next one does not catch us off guard, anticipating us in time to get the most out of the movements.
Hi @moneyrevolutions
Excellent article. I subscribed to your blog.
I will be grateful if you subscribe to my blog @dreladred
Good luck to you!
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