Quote from: Slow death on November 09, 2018, 03:10:25 AM

Quote from: Stedsm on November 07, 2018, 05:36:46 AM

It's been in history and you can check it yourself that Bitcoin always got higher during Christmas and it's already near

this year is very different from the previous years and the difference with the previous years is because have many governments and banks implementing unfavorable regulations for bitcoin, which is reducing demand. This situation will not improve unless regulated things like ETF's and BAKKT or other regulated players come on the scene. That's why I do not believe we will see price increases at the end of the month

Quote from: Stedsm on November 07, 2018, 05:36:46 AM

(and a big chance for SEC to approve a few ETFs), Bitcoin will definitely have a chance to break high values (at least double to $12k) and blast off the shorts, so we can say that we may have a sigh of relief once the bull run enter the markets.

The sec is still going round to give its decision and this is not good, in my opinion just shows that they will reject

There are always good and bad sides of a decision. The decision taken up by government in this year about regulation of bitcoin was quite welcoming and problematic as well. On the flip side the countries who are still thinking or working to regularize bitcoin are still in confusion. They are seeing behavior of people and economy and in my analysis, they arent getting positive vibes.