BITCOIN CORRECTING OR PUMP OVER? – CRYPTO & COFFEE #0084

BITCOIN CORRECTING OR PUMP OVER? – CRYPTO & COFFEE #0084

By CRYPTOXICATE | Cryptoxicate | 4 May 2020


@CRYPTOXICATE #CRYPTOXICATE $CRYPTOXICATE

Im not a trader, not financial advisor, just a crypto enthusiast who likes to vlog/blog my experience on crypto

Im still firm on my believe and opinion that we have not seen the worst of the currently global financial situation and that Bitcoin very probable wont start a bull market any time soon, last bull market was 1000x that would take a lot of volume that is not on the market yet, on this video I provide my opinion as a novice trader

There are many factors that are against what would be the possible start of a bull market for Bitcoin

1-Global Pandemia

2-Global Financial Crisis

3-Lack of volume

4-Lack of interest

This are just four aspects that Bitcoin needs to improve in order to start another bull phase, yes crypto has Whales that can spark the market but wont carry it long term, the run to 14k was spark by whales when Tether got in trouble and the only way to get out of the exchange was buying Bitcoin, without an intention of a bull market since was the perfect accumulation price, whales started a nice run for Bitcoin and then the demand came, this time is different, I dont think the global crisis will let retail average investors to get in, to put money on Bitcoin what markets call dumb money, there is not much now days because ppl are not working or producing, this halving will be very very different in my opinion, on this video I talk about some of this aspects.

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CRYPTOXICATE
CRYPTOXICATE

Cryptoxicate is a Blog dedicated to every level of crypto enthusiast but most focus on new crypto adopters


Cryptoxicate
Cryptoxicate

Cryptoxicate.com is a Blog dedicated to every level of crypto enthusiast but most focus on new crypto adopters

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