Predictions 2019: 3 potential triggers for the next Bitcoin bull run
So far, the price of bitcoin has decreased, many people ask questions, what catalyst is needed to trigger the next increase?
1. The rollout of a security token ecosystem
2. BAKKT dan munculnya pasar berjangka institusional baru
3. SEC approval of a Bitcoin ETF
I am not too sure if this new drop is really legit or not. I know we have been around these prices for many times in the past 2 months however this time we are really close to the SEC and Bakkt deals so if the price drops now it makes me question the drop. Normally we have reached these levels constantly but just as ETH increased due to the upcoming hard fork I was expecting bitcoin to go up because of the SEC/Bakkt deals.
Right now, maybe whales are dropping the price and creating a chaos where panic sellers and stop loss are broken and they are collecting from cheap until the triggers happen and than they can sell for much more, which one would you prefer going from 4 to 5 or going from 3.5 to 5 if you had the money, I would prefer 3.5 to 5 personally since its more money. That could be one of the reasons why we are lower again.