BITCOIN : BITCOIN Bull run Rally come OR G20 effect on Bitcoin?
Hello friends,
Today bitcoin price reach $7454.94 .
People has confusion that, it is really bitcoin bull run rally come ? or any other reason that bitcoin price Increase.
Many of bitcoin experts predict that bull run of Bitcoin come but many of them are predict that it is not bull run rally of bitcoin although they say that this is the G20 effect that bitcoin price are increase.
G20 effect means member of G20 are meet together and decided to regulate bitcoin in those country where bitcoin are not regulate completely, like India.
Indian supreme court (SC) give decision on 21/07/2018 on RBI stop, the fund transfer at the exchanges. But according to source news are coming that RBI will remove their stay rule on fund transfer.
Its the bull rally and it will continue
may be ,it will continue.
Yes your right bull run bitcoin right time
According to me this is not Bitcoin bull run, price rise would be because of G20.
Anyway whatever may be the reason this is the right time to invest in Bitcoin
hi @sushant
yes, this is right time to invest but we should to wait few days.
Based on the short-term price trend of BTC over the past week, it remains unlikely that BTC returns to previous support levels at $10,000 and $12,000, given that the 5-month and 10-month MA bear cross have been confirmed for the first time since 2014. More to that, BTC failed to swiftly rebound to the $8,000 mark over the past few days, eliminating the possibility of a potential corrective rally to $10,000 in the short-term.