As per my previous post, this month (JULY) is the start of bull run after waiting of long six month of dip. Lot of people can show you market cycles, but they fail to relate that to a different world for crypto. Banks are manipulating the news and sending out negative mass media press releases to get you stay away.
Bitcoin is now fluctuating at around 6600$ and all of sudden today it jumped to $6880. Why I am saying this month is start of bull run? i will give you some reasons:-
Reason 1 :
Every bull run come after at least after 65% of correction in price of Bitcoin. This has been repeated 12 times and we are observing that Bitcoin is already done 67% of its correction.
Reasons 2:
Because, Some of the coins have already launched real life usage using block chain i.e Steem already launched social network site using block chain, Ripple is using its coin to transfer money, BAT with its brave browser having more than 2 million user, Presearch have launched its search platform.
Reason 3 ;
Institution investors just about to come most probably in next 3 months. As Nasdaq, the lrgest U.S stock exchange and stuttgarter Brose the largest European stock exchanges. Both with a $100B daily volume will offer crypto soon.
Conclusion :
As we can see, there will be a lot of money, interest and exposure coming into crypto apart from some countries like India, China some other who does not want crypto to grow. Soon will touch moon we will see Bitcoin will touch atleast $25K.