Congrats, we have witnessed a new parabolic shift on the cryptocurrency market. There is still a room for growth and many coins are still at the bottoms, but father Bitcoin shocked everyone.
Some people have waited for such growth in order to sell their bitcoins and receive some profit. Others are attracted by new pumping wave and are buying crypto hoping to sell it at a more expensive price. However, there are more global and important things.
Anthony “Pomp” Pompliano, Co-founder & Partner at Morgan Creek Digital, published a tweet, in which he encourages people not to be distracted, despite 100% growth of BTC in 2019.
BTW, yesterday, Bitcoin set a new record – trading volumes were extremely high (fantastic 29 billion).
However, it isn’t know how close these indicators are to the truth, as wash trading and false reporting are a scourge of the contemporary crypto market.
Anyway, for many folks these parabolic bullish movements have become a clean breath of air. We will follow developments very closely.