Post
Topic
Board Altcoin Discussion
Re: a factor that will make bitcoin recover
by
tomahawk9
on 26/12/2018, 18:29:48 UTC
the question is what will make bitcoin recover and can have high prices again?
in the short-term? Probably fresh capital from the institutional investors that are waiting on the sidelines for a regulatory framework to be in place in the first semester iof 2019. They could also be waiting for the several events that we'll see in related to Bitcoin and cryptos in Q1 of next year, for example, the Bitcoin ETF, the Fidelity crypto trading platform, or the launch of Bakkt. All of them have the potential to attract big investors.

Now, in the long-term, probably the adoption phase, as more people get involved with bitcoin and cryptocurrencies, demand will increase which will spark a new wave of FOMO resulting in the price going up and probably reaching new ATH's.