Quote from: zininaks on October 17, 2018, 03:48:24 PM

Joey Krug, chief investment officer of Pantera Capital, made his assumption during an interview with Bloomberg, noting that major players in the financial industry, such as Fidelity Investments and Intercontinental Exchange (ICE), are entering the cryptocurrency space, causing a surge of speculative investments. In his opinion, the market is currently waiting for a specific catalyst to start a bullish rally.

It usually happens that if someone says something, the market eventually goes in the opposite direction. Perhaps this does not always work, but very often.