ARE CRYPTOS HEADED FOR ANOTHER BULL RUN !!!

in #cryptonews6 years ago

I spoke yesterday about Black Rock, a huge investment firm looking at getting into cryptocurrencies. The market popped up and has popped up some more. Are these other investment firms getting in before Black Rock? Is it that positive market sentiment is back? Did the market just hit the bottom floor again and is bouncing back?

Truthfully, it is probably a combination of pieces of all of those, but either way, we'll take it. There is another hearing in Congress tomorrow about cryptocurrencies, and it seems people are not as fearful as before about what they may say as before, there tended to be sell offs.
altcoins.original.jpg
There is simply more and more evidence that this market is here to stay. We are not at the very beginning, but if you are reading this now, you are still very early in the game.

If the hearing goes well, this could signal more optimism again. However, we do have to keep in mind that this could be simply a small bounce upward and then another down trend on a longer trend going upwards. The charts look bullish though and we haven't been above $7k for over a month.

Sort:  

@ychaudrys you were flagged by a worthless gang of trolls, so, I gave you an upvote to counteract it! Enjoy!!

@flagfixer thank you so much

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Uchiha4life from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.032
BTC 61367.99
ETH 2929.04
USDT 1.00
SBD 3.67