It was a big day for bitcoin today.
While China just recently banned all foreign exchanges using their 'Great Firewall' and pushed further restrictions onto their market, the US today just gave the go ahead at this morning's SEC and CFTC meeting.
They chose to support the crypto movement and a few of the members expressed their bullish excitement behind blockchain technology which spured massive FOMO buying.
Europe will likely mirror the US decision.
This brought massive confidence to the market.
South Korea FUD is over.
Japan has already legalized it as an official currency.
China is shooting itself in the foot.
The US was on fire with buying the market today and we set a record for the biggest daily volume for bitcoin that has ever been recorded on Coinbase, Binance, and Bitfinex.
There's a good chance that we just might have seen the bottom when we hit $6k