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RE: Crypto Current Affairs—Bitcoin Outperforms Stock Market and Gold, But Will This Last?

in #bitcoin7 years ago

Well, if we talk about the short, there are two major events in which one has already happened and one is going to happen next month.
First one is South Korea is planning to legalise the Bitcoin and it's somewhat close to make it happen. This will affect positively the Bitcoin pricing. I think it'll give a boost to it in a short term.
Secondly, the soft fork and segwit integration on 1 August. This will be the turning point for the crypto world. After 1 August, either the price of Bitcoin will rise to the moon or it will fall down rapidly.

So, Bitcoin market is voltile indeed but for a seasoned trader, it can be highly profitable and one must invest in Bitcoin or cryptocurrency in general at least this month. There are fairly high chances of Bitcoin pricing going up very soon.
Anyways thanks for sharing the article brother @firepower

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