While Bitcoin (BTC) is throwing itself above $ 5,500, Matthew Kaye, managing partner of Blockhead Capital Blockchain hedge fund, drew attention to the conditions that will fire the leading cryptocurrency.
1/5
This is the most bullish global setup for bitcoin in the medium term (1 – 3 years) BUT ONLY IF the narratives holds & the dollars start to flow into bitcoin.
– Matt ? (@MattDavidKaye) March 18, 2020
According to Kaye, in the medium term (1-3 years), the most excellent bull conditions for Bitcoin have occurred globally, and liquidity injected into the market due to the coronovirus and the economic crisis needs to flow into Bitcoin (BTC) for the expected bull run to begin:
High inflation, ‘money energies’ and interbank liquidity status can be very efficient for Bitcoin (BTC) in terms of higher earnings.
In addition, Kaye stressed that investors, not traders, should return to Bitcoin (BTC). According to the manager, if the investors enter the market, the probability of macro probabilities will be realized.
While Kaye’s predictions find support from his followers, some suspect that there are more conditions for a bullish trend. For example, it is said that the digital market should merge with the classical market to increase the price. But Kaye is confident that the Bitcoin (BTC) market needs more buyers than sellers, and the number of people who want to sell their Bitcoin (BTC) is quite low.
Related posts:
GitHub Libra Code draws criticism from users 
Tipping on Reddit and Vimeo in BAT introduced by Brave 
Newcomers to the crypto market have to pay attention to scams and pump and dumps 
Hardly any growth in downloaded crypto apps, despite tripling price bitcoin 
Bloomberg accepts Bitcoin – says cryptomonads are here to stay 
The Central Bank can release their cryptocurrencies earlier than expected
