Why you think BTC will not fall again, it did it twice this year, why not this time.
I am not an expert, i just like crypto and trading, in my opinion i don't think it is all hype with BTC this time, nothing special happened, actually i think it will keep going up and down between 900$ and 1200 for long time before we see healthy steady slow increase based on solid floor .
If you watch crypto market closely you will know that people always cash out at certain point, and when enough people do that other who intend to make some profit will follow them, it will go like a chain, rarely you will see all bullish, that can be explain by extra ordinary buy order witch can absorb that cashing out event in a bauble, usually that need something real, very good news, in case of BTC like official recognition, massive mass adoption or great new dev.
Now what is the news ?
Internet is loaded with news about some rich brothers (Winklevoss brothers) investing in BTC and trying to get bitcoin ETF ( exchange traded fund ) approval and that will allow some wall street wheals to buy and sell registered investment , That is big, it is technically official recognition and can lead to more acceptance of cryptocurrency to authority.
But guess what, most people i know including me think it will not be accepted, cryptocurrency in eyes of giant stock market geek considered experimental, it is too volatile to be accepted at least for now.
Watch out trader will cash out before 11th May for tow reasons
1 - they make already good profit
2 - possible rejection, in my opinion most likely rejection
