Brian Kelly-rsquo;s CNBC talk is back with new updates and strategies about Bitcoin [BTC]. Kelly mainly mentioned the next cryptocurrency catalysts which the investors need to look for.
- He mentions tax season is over and so now we can expect that the coin will gain its momentum back soon.-
- The number of transactions is beginning to increase which is the fundamental support which all the investors need.
He says investors need some cash on the sidelines to continue with their investments. He referred to a log chart which showed the data from June 2017 to date and mentions that the sudden rise in Bitcoin is a very positive sign and based on the recent statistics the chances of having increased value is very high.
Brian Mello, a cryptocurrency enthusiast says:
-ldquo;Clueless. This is an oversold bounce, but not a breakout to new highs.-rdquo;
A Twitterati commented:
-ldquo;Hahaha this is so funny, It-rsquo;s like this whole crypto thing is turning into a very big reality show. I-rsquo;ve never felt so amazed-rdquo;
Martin Harley, a Bitcoin investor says:
-ldquo;He literally just drew a moon shoot at the end-rdquo;
Bitcoin at press time was trading at $8,499.34 with a market cap of $144.39 billion at 12:00 PM UTC.- In an earlier talks show with CNBC, Brian said that Bitcoin is a game-changing technology which is still in its early stages.
The post Bitcoin is back on track – Price catalysts to watch out for by Brian Kelly appeared first on AMBCrypto.