Post
Topic
Board Economics
Re: Investing in Bitcoin in 2019?
by
Zooplus
on 21/04/2019, 12:00:42 UTC
Although the current trends are very positive, I would say that we should not go ballistic before the prices stabilize. Unlike the previous bull runs, the current rally was caused by a single buy order spread across multiple exchanges. It was not caused by a sharp uptick in the adoption or a change in the government stance.
That started all this, we have to believe that the bull run will come otherwise this market would not improve.
Though the order was from a whale but he would not buy that huge amount if he don't know something is coming and he will make profit from it.