Source: https://bitcoinist.com/wall-street-is-helping-drive-bitcoin/
We all know about the Bitcoin ETF’s and Regualtion coming when Bakkt Exchange comes on-line....this is not new.
It was off as far as timing, but it is coming this year — which is huge.
But why the sudden “surge” in Crytpo interest? Wasn’t it suppose to test $1200 / BTC ?? That is a thought shared by many.
BUT.....what is on Walll Streets mind at the moment...??? Remember Wall Street hates uncertainty.
What is uncertain right now? BREXIT
Does Brexit affect only the UK? What about banking? What about currencies? For April — as you can see — Brexit is on thier mind.
And of course, Bitcoin and cryptos are not only a future technology, but a hedge for currency issues or stocks/bonds hedge.
Now we see volume coming.....
Nobody knows for sure what will happen.
BUT...if it looks like a duck and acts like a duck....you get my point....I think the crypto bear market is over.
If it’s not Brexit...it’s Wall Street. Either way it’s Wall Street.
Not financial advice.
