There are great signs that BTC will experience a large boost very shortly.
If you have been watching the recent financial markets you are certainly aware of the large downtrend in the Dow Jones. Just a comparison: one percentage point drop in the dow jones corresponds to a loss of about 70bn in market capitalization. And over the last few days, the Dow is down by 10%.
And in the meantime, BTC has been ... going up.
Until now, serious investors were happy riding the upward trend in the normal financial markets. With the recent downturn, investors will be looking for alternative assets to invest in. BTC in particular and crypto-markets in particular will be noticed as uncorrelated to the normal financial markets and thus as an interesting asset class for diversification purposes.
Particularly if the Dow contains dropping while BTC remaining flat or increasing, more and more traditional investors will move their money into the crypto markets. When this happens the new money will significantly push up the price of BTC.
Great times ahead!
Topic: BTC: Large upwards move is emminent (Read 147 times)
Jump to: