Very few people can accurately predict what will happen with the Bitcoin value. The market has been volatile of late, however there's some great advice on this video, check it out.
If you’re new to all this I’d try this out:
Give this a watch.
Prefer text?
what is going on guys my name is Chris and today I want to focus on the positives so I did a video I went through the technicals for where I think the bitcoin is going to go and where I think the price is going to go should you sell should you buy feel free to check that out if you haven’t already guys I feel that the sentiment in crypto right now I mean we got this discussion in the disco channel and yeah the general sentiment I mean Jane J’s here is talking about Bitcoin potentially going to $1,000 I don’t think that they are going to do that but a bit code is going to do that but yeah it just feels like the average sentiment in the market is pretty bearish now I want to talk about the reasons why I think the Bitcoin is going to not only go to previous highs but actually blast way past previous highs okay in the long term so I’m gonna apply the reasons in this video but guys if this is your first time please do subscribe and hit the post bail notification so you don’t miss any of my videos I do release a couple of videos every day so feel free to do that if you are interested so the market has been taking a hit today Bitcoin is down everything is down you can see that Manero is down 13% calm down down 10% kadam is just at this point it’s just a zombie you know it’s there’s no signs of it ever waking up and you can see that just been falling down the your rankings here so yeah that’s a bit unfortunate to see but with that said though let’s talk about the positives so one big reason why bit coin and crypto are going to succeed is that there has been a huge I mean big companies there’s been so much uncertainty what crypto is okay so there’s no regulatory framework in place so if you’re gonna be a big company and let’s say Pay. Pal Pay. Pal they would never start a blockchain or crypto based kind of entry because the framework is not there you don’t even know I mean the SEC in America the SEC says that it’s a security a token is a security and the class every crypto access well most cryptos as a security you got the CFTC the class Kryptos as a commodity then you got the IRS classing it as a property so it’s just a Wild West out there and if you are going to create a big company and actually have ambition and fund it and hire personnel and stuff you need regulatory frameworks in place because you don’t want you know you you want to know you want them to tell you okay you can do this you can do that you cannot do this but you can do that if you do that so now we are beginning to see some some framework being in place so you obviously you know the rocks are moving down in the United States and here we got the European Union saying that technologies like blockchain can be game changed for our financial services and beyond we need to build an enabling framework to let innovation flourish while managing risks and protecting customers so this is huge this is going to bring back confidence with big players you’re going to have companies start blocking based companies and just move forward and see use the big potential blockchain hats and actually utilize that and profit from it that is what we want to see we want more players moving in creating good products which solve real world problems we want them to see how big and how good blocks you can be and how many problems you can solve and we are going to see that when we have all these things in place another huge thing that is going to be important during this year is the funds ok so you have the gray scale this is just an example they added ripple and Lycon recently and obviously I also have corn base launching their own index fund their only index fund it’s basically come there’s only I think it’s bit corn well the coins they ha