Start of 2020 & Exciting News!
This will also impact the price of Bitcoin as the currency will become more scarce. We have seen in history that the halving event is followed by a bullish market, with the first halving on Nov 2012 an increase from $11 to $12 dollar and a surge the 12 following months 50 a staggering $1035 dollar.
Roughly four years later, a month before the second halving, Bitcoin’s price started to follow a similar, bullish pattern. It surged from $576 on June 9 to $650 on July 9, 2016, on the day of the second halving. Again, BTC continued to accelerate through the next year, with occasional turbulence and traded at $2526 on 9 July 2017.
Now we have seen the market become bullish again after a long (toooo long) bearish market. The month of January has been fantastic with a BTC increase of almost 40% as seen in the below chart. People are now anticipating for the next halving and know what the price did after the previous 2 events in history, so we can see some exciting things happening prior to the halving. . . .
When we are looking at the ALT market, there has finally been some action after a 2 year bearish market for Alts. Some strong Gainers have been taking the lead with Dash increasing a staggering 180%, followed up by Anonymous cryptocurrency Zcoin and ETC following a strong 150% increase after their hard fork.
It still feels the Alts are waiting for Bitcoin to make its move to former highs of 20K before they break free again. The market is ready for it and is growing up by the day as more and more Banks and Institutions are getting in on the game, with exchanges making it available for them like Bakkt, Gemini and many more following.
It feels like we are waiting eagerly for the market to boom into new and crazy highs when everything falls into place.
When looking back at the recent month we have been preparing for this event as well and are working hard to get ready for our members to make the most out of it.
We have recently successfully finished our merge with AIG and Erwin & Friends and bundled our forces. There have been some fantastic AMA’s already with Tomochain, Ultra Thorchain to name a few promising projects.
The focus has increased to trading, as this is more and more important now that simple hodling strategies no longer apply.
Therefore we have hired 2 great new members of the CryptoCa₿ital crew, Thijs & Nick, and have been preparing ourselves with some great new content.
We will soon be releasing our personal and fully customized written Courses for the starting traders all the way to advanced traders with a unique trading skill that only the institutions are using 😱
We have been working hard on our new website and are about to launch this within the next few weeks. On there you will see our exciting roadmap for 2020 and some fantastic assets that will help our investors and traders to take the lead and become successful, with fully automated bots, signals, and trading strategies and more.
Here is a quick peek at a part of the website . . . .
The mission of our group is to provide the highest level of services for our members, by helping them to improve their knowledge and overview of the market, but also through technical and fundamental analysis, live Ama’s, investment opportunities and fully automated Bots.
2020 is going to be an exciting year for everyone in Crypto and we at CryptoCa₿ital will do our utmost best to become a strong and everlasting crypto community and are looking forward to being here for everyone.
If you have not yet joined us, you can do so here at our currently totally free Discord Advantage room: https://discord.gg/BEzCrSN
For telegram, join us here: https://t.me/CryptoCaBital
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Published at Sun, 02 Feb 2020 12:39:33 +0000
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