5 Indicators BITCOIN & The CRYPTO Market Is Turning BULLISH!

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Bitcoin Mining Profitability

I believe we have hit the bottom

If Bitcoin’s price were to fall lower, the larger mining companies will have profitability issues. They might have to shutdown which would be very bad for the Bitcoin network

General public sentiment is Bitcoin and crypto was a fad, lost money, scared to invest etc.

CBOE Stops New Bitcoin Futures

This was an unforeseen and weird move by the CBOE. Why would they stop when they were making a lot money off this product?

Their Bitcoin futures product was launched when prices were high and they drove the prices down

SEC Positive Statements & Events

SEC mentioned digital assets are a high priority in 2019 - they have a Fintech Forum scheduled in May 2019 where they will discuss Digital Assets

Valerie Szczepanik - “Crypto Spring is coming” (SXSW)

Robert J. Jackson Jr. - “Bitcoin ETF will eventually be approved”

Jay Clayton confirms Ethereum is not a security

Hester Peirce continues speaking and spreading news about crypto

SEC members are attending crypto events!

Major Launches & Investments Surge

Many launches were scheduled for 2019 and we are seeing them go live now.

Fidelity Digital Assets, Voyager, LGO Markets, DX Exchange and more recently went live

Millions being invested into different projects!

Regulations Being Passed & Dialogue Increasing

Token Taxonomy Act - to be reintroduced soon

DC Blockchain Summit 2019 - more politicians getting involved in pushing for the crypto regulations and spreading the knowledge

Governments around the world making moves to pass crypto regulations

#Crypto #Bitcoin #CryptoBullRun

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Disclaimer - Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

Bitcoin, Bitcoin News, Bitcoin ETF, XRP, XRP News, Ripple, Ripple XRP, Ripple News, Ethereum, Ethereum News, Litecoin, Litecoin News, Crypto, Crypto News, Token Taxonomy Act, Bakkt, Erisx, Fidelity Digital Assets, Cryptocurrency, Digital Assets