RE: Crypto Rally Coming? Venezuela Bans Mining Equipment

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Crypto Rally Coming? Venezuela Bans Mining Equipment

in cryptocurrency •  7 years ago 

He feels the landscape of crypto is about to change to a more evolved market in the coming years.

He is very right about this actually, however, i dont think its time for a bull yet, according to my recent studies, the correction lasts for a while, gains an uptrend for a little while then goes all bearish for a longer while, it bleeds, then corrects upwards. So a little more time of correction, then the final bull run

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In 2013 BTC went from $2 to $266 in April then corrected to $50, then 8 months later hit $1250. Not sure about your research. You could be right, but I wouldn’t be naive about how much fiat the institutional investing will bring in a short amount of time.