Crypto can grow dramatically in February!
The yesterday's mild bullrun was quite unexpected for the vast majority of investors and crypto enthusiasts. Some cryptoscopes have made between 15% and 20%, which we have not seen in the crypt of the currency world for a long time. This month, there are a few new releases that could boost this growth, and a new bullrun can also be launched. However, the situation in the markets is beginning to calm down (especially volatility), which is also a fairly good sign.
Volatility is falling - is it good management?
SFOX, a professional platform for cryptomania trading, recently issued a statement that their position on the future of digital currencies has changed slightly. Currently, this company said it sees the current state of cryptocurrency as "slightly bull." As the main indicators, this company uses the volume of transactions, the cost of crypto and volatility. And especially volatility should be the most prominent factor that has affected such a SFOX company's thinking.
"Our position is supported in particular by two different factors. The first is the reduced volatility of BCH to BTC. This is a clear sign that investors cease to speculate on price and profits, but they are starting to focus on technology and potential. The second factor is to reduce total volatility in this market. "
They also supported their position by the fact that the institutional investors' interest in the crypto is failing. Despite the fact that retail investors have lost some of the crypto interest, institutional investors are different.
The future is also seen by one of the loudest people in this world, Anthony Pompliano. He said that it is no longer a question of whether stocks, bonds or commodities will be zoned. He thinks the right question is when it comes to that.
February full of news
The SFOX opinion is multiplied by the program that awaits us in February in the crypto world. Up to three interesting events should happen this month. The first is the expiration of Bitcoin Futures. This report mostly affects mainly the volatility of the market cryptocurrency. It is therefore to be expected that this will be the 13th of February, when the current CBOE futures expire (CME futures expire on February 22).
The second is the hard fork of Ethereum Constantinopole, which was supposed to go on in January, but it was translated on February 27th.
"Forking with networks always brings volatility and uncertainty. However, in the case of Etherea, we believe that volatility will be particularly high. "
On the same day, the latest event is to be held, and this is a re-review of VanEck and SolidX designs on the Bitcoin ETF. It will, of course, be a SEC again. It will certainly be a difficult decision on the part of this institution. It will have a huge impact on the cryptome world.