It is not necessary to highlight the recovery of the cryptocurrency market in what was the month of May 2019, but we can highlight the behavior of that market and the structures it has maintained all these days of cardiac arrest.
Towards the same month of May 2018 bitcoin highlighted its departure from the clouds with about $ 8,700 fact that brings us a little reflection, and is that the behavior of the market has also been given by the balances of historical dates
Some of the reasons that I speculated would be the following
Political decisions within the framework of the World Economic System, such is the case of Trump and China, where we can observe a strong escalation of decisions that scare thousands of investors, who see cryptocurrencies as a refuge
News in the framework of the advance of the APIs, and is that in the case of the Altcoin and other projects of social networks monetized, there is a sustained increase in research and scope of objectives, to facilitate the use and adoption of cryptocurrencies throughout the world, fact that by the way big companies like facebook, Whatsapp, Wechat, and other communication companies are beginning to recognize and now everywhere there is news of cryptocurrencies with these big and solid companies
Culminating many ICO: it seems that for entrepreneurs of new projects that are not so relevant and little investment of its founders, they were not very successful, also I guess they did not risk launching their ICO precisely because of the bearish behavior of the cryptocurrency market , it is to understand then that quality of the projects that were successful are those that gave solids to the exit of fairer investments, and also in the Bitcoin investment directly to its source.
Everyone knows Bitcoin: until more than 4 years ago, bitcoin knowledge was not as strong as it is now, in these times virtually all continents are connected to cryptocurrencies, most cryptocurrency specialists have the technical knowledge to massify its use, and of course the number of transactions increases in a way that exposes
The fashion of luxury and bitcoin
Everywhere in the world, there are entrepreneurs who took a risk 10 years ago, and now they see the fruits of their investment in bitcoin. Taking their wealth materialized, they are showing through social networks the virtues of financial freedom offered by bitcoin and the rest of the cryptocurrencies.
we are not surprised that soon more millionaire people of bitcoin appear after this rise that could be of more than 15 thousand dollars and as some say towards the 20 thousand and beyond
