Post
Topic
Board Bitcoin Discussion
Re: Exacly what is the Reason?
by
finaleshot2016
on 06/10/2019, 22:45:37 UTC
Exacly what is the Reason bull run have not started yet?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
May be the bull is taking rest because all the events are not relevant  Tongue. Have you got any idea about the volume in Bakkt and if you are watching the market when Bakkt was launched the market started to fall, what do you understand with that situation, the market was holding together because of the hype it created and after the launch the investors were not impressed and started selling off. Who knows the volumes in those exchanges are real as these exchanges are known to provide fake volumes too. Have some patience we will have the rally in a couple of years time hopefully.

I think Bitcoin's downfall this month has no relation with BAKKT.


Just observe other things, not only in the crypto world because it might have similarities or factors you can consider to make bitcoin fall in the market. The bull run already started but doesn't reach the value it reached last 2017 but 2019 hasn't ended yet so still there's a chance, just wait and see. Black Friday is coming and people will invest more to have a little profit, people/investors/users always do this things.