Brian Kelly: second quarter will be better than the first for Bitcoin
Investor Brian Kelly suggests to look at the historical records and stay positive about the second quarter of this year, because history tells us that second quarters are usually going well for Bitcoin and altcoins.
This also corresponds with a slight downturn of the regulatory activity which has been the major topic since the beginning of the year. For example, the G20 summit had investors on the edge of their seats so much that after it, a local growth has been detected. The public optimism about this issue will grow later, as Brian Kelly believes. He has also pointed out that more regulation means faster adoption of cryptocurrency technologies by the major corporations.
The same investor’s older advice is to swim against the current and trade absolutely contrariwise to how the general public is acting at the moment. Other experts suggest that Bitcoin has chances to regain lost prices and even surpass the record $20,000 by the end of the year, which is yet to be seen. David Drake from the American consulting firm LDJ Capital and investor Ran Neuner share this same bullish sentiment about Bitcoin’s further dynamics.
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