Post
Topic
Board Speculation
Re: Will BTC Bull after Christmas?
by
Juggy777
on 22/12/2018, 14:39:29 UTC
Nowadays, crypto related news creates a big impact in the market, positively and negatively. I am not saying that fundamental analysis will be accurate on how it will impact the market because there are some cases that we have positive news but we still experiencing a bearish market. There are a lot of predictions that 2019 will be a recovery yesr for cryptocurrency but again, fundamental analysis creates market manipulation which will change the price of bitcoin up and down.

It's difficult to give a exact date for the bull rally, but we may just see it happening in quarter one of 2019. It's pertinent to note that Bakkt launch which was confirmed for January 24th will miss the deadline, and it'll be launched later due to regulatory approvals. Also there's no clarity whatsoever that Bitcoins etf will be approved or not, that leaves us only with Nasdaq Bitcoins future being confirmed, the approval and launch of the former events shall play a big role in deciding if we shall witness a rally or not.