(1) Increasing awareness of BTC as a safe-haven asset
- Military tension between the US and Iran
- Rising prices despite the coronavirus outbreak (in contrast to the reaction of the stock market)
(2) BTC Halving (Investor Expectations)
- BTC halving previously resulted in price increases
- BSV, BCH halving in April, BTC halving in May
(3) Continued interest towards the crypto industry
- (Rumor) Intercontinenal Exchange aquiring Ebay
- Partnership between Ripple and Intermex
Disclaimer
I confirm that I have read and understood the following: The information contained in this article is strictly the opinions of the author(s). This article was authored free from any form of coercion or undue influence. The content represents the author's own views and does not represent the official position or opinions of CrossAngle. This article is intended for informational purposes only and should not be construed as investment advice or solicitation. Unless otherwise specified, all users are solely responsible and liable for their own decisions about investments, investment strategies, or the use of products or services. Investment decisions should be made based on the user’s personal investment objectives, circumstances, and financial situation. Please consult a professional financial advisor for more information and guidance. Past returns or projections do not guarantee future results.
Xangle or its affiliated partners own all copyrights of the written or otherwise produced materials and content provided on the platform. Any illegal reproduction of such content, including, but not limited to, unauthorized editing, copying, reprinting, or redistribution will result in immediate legal actions without prior notice.
