Good news bitcoin and other crypto coins taking a big u turn . In just 30 minutes a big price hike. bitcoin and other major coins having a big jump added $20 billion to market capitalization of crypto market. About 10% increase. The market was suffering from all the negativeness and hence was so down. A restart kick for upwards journey was awaited since months. And 17th July witnessed such a big kick for start of movement.
This is all amidst the positive news coming since last few weeks.
My opinion is this is the good time to enter the market and buy bitcoin or other major leading coins with the long term investment strategy. If this momentum sustains and continues for few weeks today's surge in prices will prove to be a strong base for big big rise in the value. This one stroke dated 17th July may prove to be a long glorified future story to be noted in the bitcoin history.
https://www.ccn.com/crypto-market-adds-20-billion-in-30-minutes-as-bitcoin-spikes-above-7400/ Your views for bitcoin price movement in the months to follow?
I was reading news yesterday that there was information that the Sec had allowed CoinBase to trade bitcoins as an asset. For example, as gold or silver. This is very strong news for everyone, and for America especially. A strong wave began in the Asian market, which also jumped on this news.