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February 01, 2018, 04:35:18 PM |
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Feb 6th 2018 is set for US turn on how they feel about crypto currency investments, ICO, ETF investing in cryptos...
If they go route of South Korea and India going anti cryptos route then bitcoin price could easily break $5,000.
I was surprised CME and CBOE both getting approval for launching bitcoin futures trading in Dec 2017.
But then again if this was approved in order to paper shorting to bring bitcoin price down, then this makes sense and this hearing could be used as another method of bringing cryptos even lower.
What are your opinions how this hearing will go and effect crypto prices?
For me this does look as another bearish event.
I personally will wait on sidelines until this hearing is over before deciding to invest into new crypto purchases.
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