This leaves us with the yesterday's market rise. From what I have gathered throught the web, we are hitting the deadline of
Feb 27's decision on
VanEck-SolidX Bitcoin ETF . Now, I wouldn't be surprised if some investors decided to invest in
BTC prior to this event, as it could have really high % of success and we will see an
approval. That will definetly be the sign of a new bull run and the end of crypto-winter.
Information that SEC makes a final decision regarding
VanEck-SolidX Bitcoin ETF at February 27 2019 is simply not accurate, for reasons that CBOE (VanEck-SolidX) is withdraw their application on
January 22 2019.
What we see now may have some connection with what's happening these days, but it is also fact that people is very easy to manipulate to buy or sell, in other words whales are playing games with small fish again. By reading some analysis, a good deal of analysts / speculators still believes that we did not touch the bottom, and some others think price will retrace to 3000$-3500$ range.
Although this is usually a very quiet time of the year when it comes to cryptocurrency, this year we have a positive upward shift - is it good or bad we will see soon.