Bitcoin (BTC) Rallies... What to Expect
3,320 views 路 Published 5 July 2018 路 10:58 路 Indexed 22 September 2026
Channel: Crypto Review Central 路 2018 路 Education
馃憞Business Inquiries [email protected] 馃憠Bitcoin (BTC) has rallied over the last 48hrs, but will we see $7,000? Or... Will we see $6,000. It's a crucial time and I go over the most recent news and events in the cryptocurrency markets. With the Cryptocurrency markets being bearish for months, there is an increased attention towards ICO's (Quick $$) and hacks because no1 is making money (shorting BTC has been profitable for some - as well as low market cap coins). Syscoin is recently subject to some irregular activity and requests all exchanges to halt trading. Also, one syscoin (valued at $0.45USD) sold for 96BTC (over $600,000 USD). Binance has created Secure Asset Fund for Users (SAFU) - a fund to protect users from hacks and loss. It's a step forward in the tools available for the average cryptocurrency investor and will bring a level of insurance during these bleak times. Previously on CRC: European Parliament went on record today (July 3rd) generally speaking positively yet realistically about cryptocurrencies and digital assets. The positivity is surrounding their statements that blockchain technology deserves widespread recognition for the inherent benefits it brings. The realistic part is saying that cryptocurrencies fall short of replacing traditional systems (I.E FIAT!!!) due to a number of reasons (key one being volatility). In short: Do not underestimate the power this market has to revolutionize a variety of different industries, funneling big data into useful tools while increasing speed, transparency, and efficiency like nothing before it. Bitcoin (BTC) fell below $6k and $5,800 was bottom. Facts. Bitcoin (BTC) pumps beyond $6k, stable @ $6,300. Facts SEC is fully engaged in crypto. FALSE Coinbase Custody will bring $10bn of Institutional Investment. FALSE - Purely Speculative RUMOR All we can do is wait, watch, and hope & pray. Please pray, it'll make a difference :) No one knows the future, all we can do is monitor the markets. So Stay Tuned! As for the rest of the markets, earlier this week I covered: Many top analysts are talking big numbers for Bitcoins (BTC) future, while some (very few) are making the argument for a lower low from the major $6k support level we are pretty much at. The longterm fundamentals are great, but those aside Bitcoin (BTC) is seriously running the risk of bottoming out in the coming weeks. Who really knows, comment your predictions and I'll shout out someone who predicts it right in a few weeks, give a date and a price and whoever is the closest I will personally highlight it in a video :) Could Cardano (ADA) hit $1.00? Could Tron (TRX) hit $0.25? Time will tell... When will the bull run everyone's been talking about since February happen? This Year? Many Hardcore Cryptocurrency investors believe in the longevity of this market, believe that through all the ups and downs in the market, despite what the mainstream media says, and regardless of how controversial it may be, that cryptocurrency and blockchain technology are the change society has been yearning for. Recently the SEC has ruled that Bitcoin and Ethereum are not securities, and it got many discussing the rest of the cryptocurrency market and what is a security. Along with Ripple and XRP's continued distinction, and Ripple now having an executive on a Task Force for the Federal Reserve it's really looking promising for Brad Garlinghouse et al. What does that mean for XRP though? Comment below and let us know... As well as when you think another bubble will occur, or a bitcoin (BTC) trend reversal will happen, or when a cryptocurrency trend reversal will happen! 馃挜Thanks for watching!馃挜 We provide regular and up to date trending Cryptocurrency news, Bitcoin (BTC) price analysis as well as trending cryptocurrency price analysis and developments in a wide range of financial technologies. Financial technology (FinTech or fintech) is a new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services; using technology to improve activities in finance. The use of smartphones for mobile banking, investing services and cryptocurrency are examples of technologies aiming to make financial services more accessible to the general public. Financial technology companies consist of both startups and established financial and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. Have a topic you would like us to cover? Let us know in the comments! 馃GIVEAWAY RULES 1. Subscribe + Bell Notifications 2. SMASH that Like 3. Comment something of value. Also leave your bitcoin address with the comment. *WINNER WILL BE RANDOMLY SELECTED, AND SENT THE FUNDS. WE VERIFY THAT ALL RULES HAVE BEEN FOLLOWED. *