I'll keep repeating this...Until we get regulatory clarity from the SEC, we won't see a major bull run. The market needs new money to enter. New money won't enter until they know the rules. Mark my words...if the SEC classifies ethereum (and other tokens) as security, we'll see a drop in bitcoin to at least $5K. If they say ethereum is NOT a security, we'll see a bull run that will make 2017 look like nothing. I don't think they'll label ETH a security, but who knows....this is uncharted territory. Anything could happen.
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