BIG THINGS ARE HAPPENING IN CRYPTOCURRENCY (Why Next 48 Hours Are HUGE)
Hey everyone, this is Jeff with Coin Mastery and I’m here to talk about why the next 48 hours are huge for cryptocurrency.
The past week has been a roller coaster, with Bitcoin and most of the other top coins dropping significantly. We saw some good news with Ethereum’s Byzantium hardfork, but overall the market has been a bit quiet.
But things are about to get really exciting. Within the next 48 hours, we could see some huge moves in the markets.
First off, Bitcoin is currently trading at around $4,400 and is in a bit of a sideways trend. If it can break through this range, we could see it make a big move.
Second, the SegWit2x hardfork is scheduled to happen tomorrow. Although there is some disagreement among miners and developers about this hardfork, it could still have a huge impact on the market.
Third, the SEC is scheduled to make a decision about the Bitcoin ETF this Thursday. If it’s approved, we could see a massive influx of new investors and a big jump in the price.
So, with all this in mind, it’s safe to say that the next 48 hours could be huge for cryptocurrency. Keep an eye on the markets and be prepared for some big moves.
Thanks for watching and I’ll see you on the next video!