#MarketSentimentToday we are facing substantial organic growth, this is the healthiest market environment I’ve seen so far in my short period trading.
Mt.Gox payments distribution helped the markets to gain confidence, specially after announcing the first round of payments. Making the markets the most bullish, even technical analysis and patterns recognition; signaled the beginning of a double bottom.
There are many more upcoming events that will increase the confidence and daily volume.
Worth noting that I understand the recent political events in the US. I’m actually living it here.
Nonetheless, I believe that we are in a Decentralized Ecosystem. And, accepting this type of controversial leaders and organizations using Digital Assets to propel their political campaigns, makes me raise the question: What is our true understanding of Cryptocurrencies and its Ecosystem.
From my point, I’m growing with my assets. So, my ethics and believes to participate in the world’s community.
I feel untied from current events, but with a deep believe that what I’m doing will grow, expand and connect more that what we know. Just like in nature and its ecosystem.
We are still above the media, new day starts in 4 hours and 15 mins, and Bitcoin seems to be coming up looking for a new price.
I’ve notice certain behavior lately when the NYSE opens and closes. So, Bitcoin could regain some losses for the third time in a row after processing critical US related data points.
- Ukraine Funding - PPI came hotter than expected - Upcoming FED interest rate decision
Either way, seems like the real world and the digital world are separating from each other.
Little concerns that can unbalance Bitcoin’s price for me, are:
- The possible US Bitcoin auctions of the confiscated by the FBI (Silk Road) and a hack recovery (BitFinex), a total of $11.49B worth of Bitcoin. - Institutional FOMO
Anything can happen, nonetheless growth is inevitable.
I’m staking because of the future outlook and power that all these assets and securities will have, starting little or big is the first step.