People in the world of cryptocurrency are all hoping, expecting, praying and also wishing that come the end of this year -- December 2019 -- there can be a bull run for both Bitcoin and the rest of the cryptocurrency market. Sadly, things are not yet picking up and I am not seeing big signs that we can have it this year.
I am concerned that if there will be bull run (even a mild one will do) this year, we can be starting the year 2019 with a gloomy mood setting up for the rest of the year a bearish situation. Of course, not unless maybe there can be that ETF thing approval from SEC maybe that can be the big difference.
The SEC thing is the elites attempting to front-run any ramp ups in the prices of cryptos, and take the majority of the profits when they occur. By their nature (the money men,) they have to be first at everything, hording, and lording over everyone else.
And the reason so many people have a tough time predicting bull markets is because they don't understand the big picture.
Keep in mind, fed policy is DESIGNED to keep you and everyone else poor, except their owners. This ramp up in crypto is occurring during a time in the late stages of the lifespan of the dollar when there are serious shortages of dollars, in effect squeezing everyone all that much more. So, here we are near the mathematical end of the dollar's lifespan which is raising the stakes of every investment decision.
The point is the money men control the crypto markets and base their decisions to let it go up or down based on the crowd sentiment their algorithms detect. It's a fleecing operation designed to preserve faith in the US dollar.
Until there is a world-wide dollar crises and the Central Banks lose control, they will abuse the crypto markets to destroy sentiment, increase fear, and play on people's FOMO emotions.
We are genuinely in the HODL phase of the crypto money paradigm shift, and it will remain that way until the world gets sick and tired of the dollar and its corrupt government telling everyone what they can and can't do.