With tech stocks heating up again it seems inevitable for fresh money to start pouring into crypto markets. Weve definitely got a choppy market on the way with the ETF approvals and mtgox coins fighting over which way the market will go. Its all just near term smoke screen though. The halving is what will dominate the conversation next year.
Yes you have reason in what you said, but i thin we are gonna remember this year like the transition and "calm" year, without so much movement ahead. Going up and down like now.
And next year its gonna be more heating up than ever for two main factors,
- USA elections, i think most of ours are missunderstanding, but i think we are gonna see a trend about crypto in the next elections.
- HALVING, im one of the guys who dont think this halving its gonna hit so much the market because its less significant than others but still hit the market. THe main question its, its gonna pump inmediatly the market or its gonna be very slow?.
And this give us another new question. ITs gonna be at the same time the hit in the market between the elections and Halving?.
Imagine X candidate saying something pro crypto and he win the elections..... we can be more close to the moon..
Im one of those guys who doesnt believe Bitcoin is more than a niche community at this point. While a pro Bitcoin President would be nice, I dont think it will make much of a difference. I could be wrong though, the way President Biden is destroying the US I wouldnt have thought possible before seeing it either.
