3 reasons why #Bitcoin and #Crypto could take off strongly
1) Financial giants are entering the game
Last week, Bitcoin ETFs recorded their second largest net inflow, with US$ 3.200 million.
When institutional capital positions itself, demand rises... and the price follows.
2) Bearish retail sentiment
Although prices are advancing, short positions from small investors continue to grow.
This divergence tells us that the public still distrusts the rally.
Historically, when "the majority" goes against the trend, the trend tends to prevail.
3) Thaw in the trade war
The U.S. and China are having daily conversations about tariffs.
Donald Trump stated that they will not reach 145%, and Beijing has already exempted certain American products.
If an agreement is announced soon, global confidence (and markets) could receive an extra boost.