Bitcoin Forum

Economy => Speculation => Topic started by: timotron on October 18, 2018, 08:23:14 AM



Title: Positives in Speculation.
Post by: timotron on October 18, 2018, 08:23:14 AM
Last days / Week I found a lot of positive news. I believe the trust is cryptos is increasing again.


https://www.worldcoinindex.com/news/its-official-apple-co-founder-steve-wozniak-joins-blockchain-investment-company-equi-global
https://ethereumworldnews.com/panteras-krug-the-next-crypto-bull-run-will-bring-a-1000-gain-and-hit-2-trillion-in-market-cap/


ICO Regulations worldwide:
https://bitcoinexchangeguide.com/ico-regulations-guide-worlds-initial-coin-offering-country-by-country/


also what is interesting is; CMC added over 100 new coins over the last month.

a nice new source of news, check out this amazing tool: https://bitcoinexchangeguide.com


Title: Re: Positives in Speculation.
Post by: 1Referee on October 18, 2018, 08:52:55 AM
I honestly don't really consider that positive news. But even if it was positive news, the bear market instantly nullifies positive news and makes it look like the market doesn't care at all.

In the end, there is only one bit of good news that will be actually bullish, and that's Bitcoin being able to scale. For that reason I hope that we won't be going through a bull run at all, but just a steady increase so that the network doesn't cripple again, especially with how various parties intentionally prevent Segwit from increasing Bitcoin's throughput.

Bakkt is very close to launching so we'll see how fruitful their presence in the crypto space will be during the next 6-12 months. The downside of launching during a bear market is that they might be shocked about how low the initial demand is, so I hope they take that into consideration and don't consider it a failure so soon.


Title: Re: Positives in Speculation.
Post by: okala on October 18, 2018, 09:04:47 AM
All this news are going to translate to bullish trend before end of this year.  I have gone through most of them and one thing I have find out is that we are not in the right needed volumes for the market to be set on automatic bull run but in weeks to come that is going to happen.


Title: Re: Positives in Speculation.
Post by: Pursuer on October 18, 2018, 11:04:33 AM
these are good news and there are lots of them and so often even but they are not good enough to be considered a positive news that can change the price trend that we are currently in and get bitcoin out of this stability that it is stuck in.

 the last one about ICO regulation doesn't seem to be correct specially since the source is not one of the good news sites. what I see is more restrictions and more bans of ICOs in different countries instead because of all the money laundering that happened using them. even if it is, that doesn't have anything to do with bitcoin.


Title: Re: Positives in Speculation.
Post by: YuginKadoya on October 18, 2018, 01:22:16 PM
All this news are going to translate to bullish trend before end of this year.  I have gone through most of them and one thing I have find out is that we are not in the right needed volumes for the market to be set on automatic bull run but in weeks to come that is going to happen.

Positive news doesn't really matter on a bullish movement and if it does I really think in the mid of this year we can sure see bull run here and there, I really think there are specific topics that will surely make a pump and there are topics that don't really matter at all, Even if there is a bundle of positive news on the internet about cryptocurrency when we are in a bearish market there isn't a thing that can change the movement any further.


Title: Re: Positives in Speculation.
Post by: dothebeats on October 18, 2018, 02:33:07 PM
It's been a long time since the price movement of bitcoin was affected by any news surfacing on the internet and mainstream media, so I doubt this too will make a dent on bitcoin's current footing. Traders nowadays are much interested in stats and facts on the market, not around it. A massive change in volume and demand would surely permit the next volume, but any news about regulation, services and whatnot in the meantime would remain as news and nothing more.


Title: Re: Positives in Speculation.
Post by: el kaka22 on October 18, 2018, 04:50:37 PM
There has been a lot of good news and not just recently but as far as couple months now.

All the talks about ETF getting "rejected" is actually a plus for us. Nobody realizes this but the news stations made news about how bitcoin was a drug money and the dangerous type of people and hackers and people who hire killers used bitcoin and all that bad news, right now even with a "rejection" the ETF proves that bitcoin is becoming more of a common thing than those people thought it would.

It is a legit investment option. There has been more and more real financial institutes getting into bitcoin, back in the day only "financial institute" we had was winklevoss twins, right now there are trillions of dollars worth of hedge funds getting into bitcoin.

Hence, if you think there has been couple good news recently you are wrong, there has been A TON of good news recently. It will take time but it is going green again, I can see it.


Title: Re: Positives in Speculation.
Post by: timotron on October 18, 2018, 05:12:35 PM
It's been a long time since the price movement of bitcoin was affected by any news surfacing on the internet and mainstream media, so I doubt this too will make a dent on bitcoin's current footing. Traders nowadays are much interested in stats and facts on the market, not around it. A massive change in volume and demand would surely permit the next volume, but any news about regulation, services and whatnot in the meantime would remain as news and nothing more.

Since January we haven't seen any action really. But after some stabilization in the prices and some pumps, I believe the news is again a factor to have in mind.


There has been a lot of good news and not just recently but as far as couple months now.

All the talks about ETF getting "rejected" is actually a plus for us. Nobody realizes this but the news stations made news about how bitcoin was a drug money and the dangerous type of people and hackers and people who hire killers used bitcoin and all that bad news, right now even with a "rejection" the ETF proves that bitcoin is becoming more of a common thing than those people thought it would.

It is a legit investment option. There has been more and more real financial institutes getting into bitcoin, back in the day only "financial institute" we had was winklevoss twins, right now there are trillions of dollars worth of hedge funds getting into bitcoin.

Hence, if you think there has been couple good news recently you are wrong, there has been A TON of good news recently. It will take time but it is going green again, I can see it.

Agree totally! very good points.
These hedge trillions are true! My optimistic bet is for November- December, till then I see a nice accumulation moment. This recently[ pumps are also a good sign for me!


Title: Re: Positives in Speculation.
Post by: jossiel on October 18, 2018, 08:06:57 PM
Steve Wozniak has been known to be bullish and investor of bitcoin so if he joined a blockchain company that isn't new anymore. Well, its still Steve Wozniak of Apple that brings more credibility to the market.

Those aren't the good and positive news that came out but the market hasn't be so reactive after those news. I think I'm believing what they are saying that bull run is imminent.


Title: Re: Positives in Speculation.
Post by: shamc on October 18, 2018, 08:58:24 PM
Right now, anything that is not bad news is good news. We should be grateful that there hasn't been a major hack on a big exchange. There has been a few hacks like spankchain but not like before, it was one after the other during the start of the bear market.


Title: Re: Positives in Speculation.
Post by: Kylapoiss on October 18, 2018, 09:06:36 PM
Last days / Week I found a lot of positive news. I believe the trust is cryptos is increasing again.


https://www.worldcoinindex.com/news/its-official-apple-co-founder-steve-wozniak-joins-blockchain-investment-company-equi-global
https://ethereumworldnews.com/panteras-krug-the-next-crypto-bull-run-will-bring-a-1000-gain-and-hit-2-trillion-in-market-cap/


ICO Regulations worldwide:
https://bitcoinexchangeguide.com/ico-regulations-guide-worlds-initial-coin-offering-country-by-country/


also what is interesting is; CMC added over 100 new coins over the last month.

a nice new source of news, check out this amazing tool: https://bitcoinexchangeguide.com

So you think adding loads of shitcoins to the pot is a good sign? Most of CMC is filled with worthless, pointless tokens/coins, which will have no future, just a way to drain money out of stupid people. 99% of them will die out.


Title: Re: Positives in Speculation.
Post by: Slow death on October 18, 2018, 09:42:27 PM
https://www.worldcoinindex.com/news/its-official-apple-co-founder-steve-wozniak-joins-blockchain-investment-company-equi-global

here is talk of blockchain something that all the countries of the world praise, including the communist government of china praises, that is to say that is a point for blockchain and not for bitcoin

Wozniak says that the company’s mission is to “seek, support and fund the blockchain and tech stars of tomorrow.”

https://ethereumworldnews.com/panteras-krug-the-next-crypto-bull-run-will-bring-a-1000-gain-and-hit-2-trillion-in-market-cap/

here is just one more prediction, we have already seen many predictions and all of them were wrong, so this prediction is more likely to be wrong

ICO Regulations worldwide:
https://bitcoinexchangeguide.com/ico-regulations-guide-worlds-initial-coin-offering-country-by-country/

regulate ICOs will be very good for reducing scammers

also what is interesting is; CMC added over 100 new coins over the last month.

they added another 100 shitcoins

a nice new source of news, check out this amazing tool: https://bitcoinexchangeguide.com

I like this site


Title: Re: Positives in Speculation.
Post by: pooya87 on October 19, 2018, 05:43:49 AM
Hence, if you think there has been couple good news recently you are wrong, there has been A TON of good news recently. It will take time but it is going green again, I can see it.

good point. the positive news never stopped, in fact this year the number of positive news have been increasing but there has not been any rise because of two things. first is obviously due to the fact that bubble was popping and then the manipulation, bear market, panic sell,... led to this huge unrealistic drop. and second is the fact that news has never been the reason for rise or fall. news is always like the catalyst that can speed up the already ongoing process.


Title: Re: Positives in Speculation.
Post by: timotron on October 19, 2018, 05:50:37 AM
Steve Wozniak has been known to be bullish and investor of bitcoin so if he joined a blockchain company that isn't new anymore. Well, its still Steve Wozniak of Apple that brings more credibility to the market.

Those aren't the good and positive news that came out but the market hasn't be so reactive after those news. I think I'm believing what they are saying that bull run is imminent.

+1, like hearing the caffe coming up.

Right now, anything that is not bad news is good news. We should be grateful that there hasn't been a major hack on a big exchange. There has been a few hacks like spankchain but not like before, it was one after the other during the start of the bear market.

Depend on the viewpoint. A lot of people just see bad news. (If you hate Crypto)



So you think adding loads of shitcoins to the pot is a good sign? Most of CMC is filled with worthless, pointless tokens/coins, which will have no future, just a way to drain money out of stupid people. 99% of them will die out.

So much negatives. Can be true, But you are too negative, I see a lot of speculative potentials!

Yeah, I think that is a good sign! at least we see some action.

here is talk of blockchain something that all the countries of the world praise, including the communist government of china praises, that is to say that is a point for blockchain and not for bitcoin
 
Still positive!

Quote

here is just one more prediction, we have already seen many predictions and all of them were wrong, so this prediction is more likely to be wrong

I bet, at east 1 prediction was true! :P


Quote

I like this site
Just in Beta,  full version must be amazing. But probably it will be a pay for use tool.

Hence, if you think there has been couple good news recently you are wrong, there has been A TON of good news recently. It will take time but it is going green again, I can see it.

good point. the positive news never stopped, in fact this year the number of positive news have been increasing but there has not been any rise because of two things. first is obviously due to the fact that bubble was popping and then the manipulation, bear market, panic sell,... led to this huge unrealistic drop. and second is the fact that news has never been the reason for rise or fall. news is always like the catalyst that can speed up the already ongoing process.

+1, I feel a push in hype. Soon FOMO?


Title: Re: Positives in Speculation.
Post by: STT on October 19, 2018, 07:57:55 AM
Steve Wozniak has been known to be bullish and investor of bitcoin so if he joined a blockchain company that isn't new anymore. Well, its still Steve Wozniak of Apple that brings more credibility to the market.

Those aren't the good and positive news that came out but the market hasn't be so reactive after those news. I think I'm believing what they are saying that bull run is imminent.

I'm only bullish on Stever Wozniak joining crypto if he actually does something like programming.    If he is here to do something then great, or even if he no longer is active but wants to invest a billion then that counts but to join and just talk or speculate then he is just one of many.   I'm not sure more he joins for more then the ideas like a crowd that would draw to watch anything interesting, doesnt mean it now takes off


Title: Re: Positives in Speculation.
Post by: buwaytress on October 19, 2018, 08:38:15 AM
Speculation news, positive spins are created, not really presenting themselves, so negative angles can just be as easily created if that's what you're looking for. 100 coins added may be good news to you, but a bear would say that's just another 100 tokens that further bring down the true value of crypto by inflating false trading value.

And that's the point of speculation if we're being honest. To drive home a sentiment. Searching for patterns and validating what we want to believe.


Title: Re: Positives in Speculation.
Post by: xvacator on October 19, 2018, 10:02:50 AM
I am sure that the market will rise but I don't following any news from out there because I think I don't know the truth about that news. I only see what I know in the market, and I think it is enough to know that the market still going to increase to the higher price. I think we need to research by ourselves so we know what is going on in the market, and we can make a decision later. It is not good if we only depend on the other sites news because we don't know where they've got that news.


Title: Re: Positives in Speculation.
Post by: beerlover on October 19, 2018, 07:03:01 PM
Well, there is no doubt that the space is really getting some optimism for the mean time, and for what I can see at least, there is a possibility we may be seeing some pretty good growth anytime soon, although that is just an assumption and until we really see a clear signal before we can even try at all to see how things would turn out.

Steve Wozniak has been known to be bullish and investor of bitcoin so if he joined a blockchain company that isn't new anymore. Well, its still Steve Wozniak of Apple that brings more credibility to the market.

Those aren't the good and positive news that came out but the market hasn't be so reactive after those news. I think I'm believing what they are saying that bull run is imminent.
Bull run to me has always been imminent and we are not even close to any mainstream adoption yet, and then imagine what would happen with mainstream adoption in the long run. For now, one way or the other, the optimism in the market is rising, we are getting to see some interests from big investors, and likelihood of seeing some little rally even in the short term, but however things turn out, I am so certain that bull run is something we will get to see eventually as we start hitting new ATH than we would imagine. Patience is all we just need to have in this space.


Moreover, looking at the news lately, it seems fundamentally, things are practically turning to the bullish side, but we just have to keep our fingers crossed and see how things would turn out eventually. Nonetheless, good news is something that has been ongoing in the market for a while, just that the market has not been bullish enough to react to it.


Title: Re: Positives in Speculation.
Post by: jossiel on October 19, 2018, 10:20:27 PM
Steve Wozniak has been known to be bullish and investor of bitcoin so if he joined a blockchain company that isn't new anymore. Well, its still Steve Wozniak of Apple that brings more credibility to the market.

Those aren't the good and positive news that came out but the market hasn't be so reactive after those news. I think I'm believing what they are saying that bull run is imminent.
Bull run to me has always been imminent and we are not even close to any mainstream adoption yet, and then imagine what would happen with mainstream adoption in the long run. For now, one way or the other, the optimism in the market is rising, we are getting to see some interests from big investors, and likelihood of seeing some little rally even in the short term, but however things turn out, I am so certain that bull run is something we will get to see eventually as we start hitting new ATH than we would imagine. Patience is all we just need to have in this space.
The closest mainstream adoption that's about to come is the Bakkt.

Lot of rumors came out and speculations that this will trigger the bull run. Not yet confident unless we see it face to face on how would the adoption be.


Title: Re: Positives in Speculation.
Post by: pooya87 on October 20, 2018, 03:44:20 AM
~

+1, I feel a push in hype. Soon FOMO?

FOMO isn't something that can happen that easily. first we need the confidence to come back to the market and that will happen as soon as the small rises start to happen and that takes time. then as the panic sells in fear of rise being a trap need to stop and finally as the rise solidifies some higher position the FOMO begins.


Title: Re: Positives in Speculation.
Post by: davis196 on October 20, 2018, 05:33:18 AM
Last days / Week I found a lot of positive news. I believe the trust is cryptos is increasing again.


https://www.worldcoinindex.com/news/its-official-apple-co-founder-steve-wozniak-joins-blockchain-investment-company-equi-global
https://ethereumworldnews.com/panteras-krug-the-next-crypto-bull-run-will-bring-a-1000-gain-and-hit-2-trillion-in-market-cap/


ICO Regulations worldwide:
https://bitcoinexchangeguide.com/ico-regulations-guide-worlds-initial-coin-offering-country-by-country/


also what is interesting is; CMC added over 100 new coins over the last month.

a nice new source of news, check out this amazing tool: https://bitcoinexchangeguide.com

You have to distinquish the real positive news from the clickbait-fake-news-paid-ad-propaganda.
The only positive thing about crypto speculations,is that it looks kinda like daydreaming.You leave the real world and you stay in a comfortable fantasy,where the bitcoin price 100K USD and you are rich. ;D


Title: Re: Positives in Speculation.
Post by: omonuyak on October 20, 2018, 06:19:43 AM
Last days / Week I found a lot of positive news. I believe the trust is cryptos is increasing again.


https://www.worldcoinindex.com/news/its-official-apple-co-founder-steve-wozniak-joins-blockchain-investment-company-equi-global
https://ethereumworldnews.com/panteras-krug-the-next-crypto-bull-run-will-bring-a-1000-gain-and-hit-2-trillion-in-market-cap/


ICO Regulations worldwide:
https://bitcoinexchangeguide.com/ico-regulations-guide-worlds-initial-coin-offering-country-by-country/


also what is interesting is; CMC added over 100 new coins over the last month.

a nice new source of news, check out this amazing tool: https://bitcoinexchangeguide.com
I also noticed that a lot of positive comments are being made now on this forum, Twitter and Facebook these days than for the past few months ago. The fud that bring bitcoin down is fading away and new patterns of comments is coming up. This real another ways of telling us that bitcoin will soon resume uptrend very soon. The best thing to do now is to invest as the future is very bright.


Title: Re: Positives in Speculation.
Post by: timotron on October 20, 2018, 06:54:10 AM

The closest mainstream adoption that's about to come is the Bakkt.

Lot of rumors came out and speculations that this will trigger the bull run. Not yet confident unless we see it face to face on how would the adoption be.

Adoption as already started, 10 years ago very soon.
But the process was and is progressive. I think we still need a couple of years to see mainstream adoption.

You have to distinquish the real positive news from the clickbait-fake-news-paid-ad-propaganda.
The only positive thing about crypto speculations,is that it looks kinda like daydreaming.You leave the real world and you stay in a comfortable fantasy,where the bitcoin price 100K USD and you are rich. ;D

perfect description! I love it.

I also noticed that a lot of positive comments are being made now on this forum, Twitter and Facebook these days than for the past few months ago. The fud that bring bitcoin down is fading away and new patterns of comments is coming up. This real another ways of telling us that bitcoin will soon resume uptrend very soon. The best thing to do now is to invest as the future is very bright.

Thx for sharing your study about comments.
I agree on your idea about the future. But still, we can get surprises!


Title: Re: Positives in Speculation.
Post by: timotron on October 20, 2018, 09:18:13 AM
Just found this nice list of events and news!

https://coinnounce.com/history-of-bitcoin-all-events-covered-predicting-2019/


Title: Re: Positives in Speculation.
Post by: jossiel on October 20, 2018, 08:22:35 PM

The closest mainstream adoption that's about to come is the Bakkt.

Lot of rumors came out and speculations that this will trigger the bull run. Not yet confident unless we see it face to face on how would the adoption be.
Adoption as already started, 10 years ago very soon.
But the process was and is progressive. I think we still need a couple of years to see mainstream adoption.
10 years ago? isn't that bitcoin was launched year 2009? so there's still no adoption by that time because there is no bitcoin to adopt. Few more years for institutions to adopt bitcoin and accept that bitcoin isn't something that they can ignore.

And that can be the start of it when Bakkt starts.


Title: Re: Positives in Speculation.
Post by: timotron on October 24, 2018, 12:31:46 PM

The closest mainstream adoption that's about to come is the Bakkt.

Lot of rumors came out and speculations that this will trigger the bull run. Not yet confident unless we see it face to face on how would the adoption be.
Adoption as already started, 10 years ago very soon.
But the process was and is progressive. I think we still need a couple of years to see mainstream adoption.
10 years ago? isn't that bitcoin was launched year 2009? so there's still no adoption by that time because there is no bitcoin to adopt. Few more years for institutions to adopt bitcoin and accept that bitcoin isn't something that they can ignore.

And that can be the start of it when Bakkt starts.

Yeah, soon it 10 years ago, in January. Adoption since then. But not massive, we still need more time.


Title: Re: Positives in Speculation.
Post by: Bustart on October 24, 2018, 12:43:42 PM

The closest mainstream adoption that's about to come is the Bakkt.

Lot of rumors came out and speculations that this will trigger the bull run. Not yet confident unless we see it face to face on how would the adoption be.
Adoption as already started, 10 years ago very soon.
But the process was and is progressive. I think we still need a couple of years to see mainstream adoption.
10 years ago? isn't that bitcoin was launched year 2009? so there's still no adoption by that time because there is no bitcoin to adopt. Few more years for institutions to adopt bitcoin and accept that bitcoin isn't something that they can ignore.

And that can be the start of it when Bakkt starts.

Yeah, soon it 10 years ago, in January. Adoption since then. But not massive, we still need more time.
That's agreeable mate, it really needs more time to go before we feel the effect of speculations positive results. I knew more people adopted cryptocurrency, but I think some of them were into hibernation due to bad market. These group of investors is not yet active for they know they won't achieve huge profit while market has recovered.


Title: Re: Positives in Speculation.
Post by: Barbut on October 24, 2018, 02:04:03 PM

The closest mainstream adoption that's about to come is the Bakkt.

Lot of rumors came out and speculations that this will trigger the bull run. Not yet confident unless we see it face to face on how would the adoption be.
Adoption as already started, 10 years ago very soon.
But the process was and is progressive. I think we still need a couple of years to see mainstream adoption.
10 years ago? isn't that bitcoin was launched year 2009? so there's still no adoption by that time because there is no bitcoin to adopt. Few more years for institutions to adopt bitcoin and accept that bitcoin isn't something that they can ignore.

And that can be the start of it when Bakkt starts.

Yeah, soon it 10 years ago, in January. Adoption since then. But not massive, we still need more time.
That's agreeable mate, it really needs more time to go before we feel the effect of speculations positive results. I knew more people adopted cryptocurrency, but I think some of them were into hibernation due to bad market. These group of investors is not yet active for they know they won't achieve huge profit while market has recovered.
There is an interesting tweet, until now people did all this by themselves, cryptocurrencies are here cause of the ordinary people around the world. Next bull run should start from big companies, and probably big countries adoption. What will trigger this is hard to say, I think some governments will legalize it first and that will open a door to all huge companies. I think we will need to wait for that for a while.


Title: Re: Positives in Speculation.
Post by: timotron on October 24, 2018, 02:34:50 PM
There is an interesting tweet, until now people did all this by themselves, cryptocurrencies are here cause of the ordinary people around the world. Next bull run should start from big companies, and probably big countries adoption. What will trigger this is hard to say, I think some governments will legalize it first and that will open a door to all huge companies. I think we will need to wait for that for a while.

When you say governments, you mean they will corrupt the crypto sphere? Then I will probably look for the next game.
Big companies will try to monopolize like always. I hope we see a lot of competition in this sphere.


Title: Re: Positives in Speculation.
Post by: Zadicar on October 24, 2018, 04:29:44 PM
Any news nowadays doesn't make a difference whether it's a FUD or good news. It seems that bitcoin doesn't really care at all even if with high demands on the market it's just make no difference at all. The price seems moving but it will start to pullback again once it is getting move by the traders, it makes no impact at all and that makes it harder to predict whether the market is ignoring us or it has it's own plan.


Title: Re: Positives in Speculation.
Post by: usekevin on October 24, 2018, 06:12:28 PM

Speculation is common in bitcoin trading.Based on the movement in the market,the speculation is classified as both positive and negative.If you are trader,you have to use the chance to buy a bitcoin at low price.During negative speculation,you can buy huge bitcoin at low price.During positive movement,use to sell your holiding bitcoin and get some profit.


Title: Re: Positives in Speculation.
Post by: Dikarama7 on October 24, 2018, 06:16:43 PM
Yes, always thinking positively to be able to get good results, currently the market is in a bad condition, but I still believe that over time the market will be able to rise and return to high prices.


Title: Re: Positives in Speculation.
Post by: South Park on October 27, 2018, 06:32:21 PM
It can be argued whether some of those news are even positive at all but even if all of them were their scale is minuscule compared to the huge bear market we are facing so it is unlikely any news that is so small can move the market at all, investors are not going to forget the crash of 70% that we suffered just because of some small news here and there, if a news is going to move the market it is going to have to be huge.


Title: Re: Positives in Speculation.
Post by: MiF on October 27, 2018, 09:34:27 PM
It can be argued whether some of those news are even positive at all but even if all of them were their scale is minuscule compared to the huge bear market we are facing so it is unlikely any news that is so small can move the market at all, investors are not going to forget the crash of 70% that we suffered just because of some small news here and there, if a news is going to move the market it is going to have to be huge.

That's great if we're going to withness the possible scenario which will move a bigger market grow despite of the bear market struggles. We need to face all of this challenges which caused entire system down because of those cases happening the entire year of 2018. And if this cannot be eliminated within two months remaining, I think we will have to face another bear market in 2019 which I guess would be hard enough to recover and yet people will become hopeless or worst chaotic panics.


Title: Re: Positives in Speculation.
Post by: Question123 on October 28, 2018, 03:58:28 AM
More positive news will help to bitcoin to recover again because if the people see that news they will be curious and because of that they will make a research and if they say bitcoin is good investment high percentage they will invest their money to bitcoin more positive news will come to bitcoin.