Hello friends, i am here to introduce you some news about india that is High Chances SEC to open ETF Markets for Cryptocurrency by end of 2018, which will bring huge investments from institutional & individual investors taking cryptocurrency market cap to new high of $3.8 trillion. ZebPay WazirX stopped paused INR deposits & withdrawals fully.
When spike comes at 100 percent as well as correct comes 60 to 70 percent for sure.At this time bitcoin rate is ( 6584 us dollars ) and if it break the support level of 6400 us dollars once again alot correction will come and that gonna touch 5000 us dollars.Also you must know that on 5th july Zebpay and Wazirx paused inr deposits and withrawal but you can do peer to peer transations and these both exchanges confirmed that. Also if the rate stays same that is 6584 or near 6400 then that is good mark and it will go higher.
For long term traders its good but for whose who are here for short term please my suggestion is do not trade because it is no trade zone. also if you dnt have expierence please do not trade because it coming up to down and down to up in every hour and your money can be loss.
Give your comments and share your thoughts below guys
Regards,
Bitcoin Newser