To predict the price of anything on the cryptocurrency market is difficult even for experienced investors and traders. Despite this, experts are trying to predict the movement of prices: some predict a sharp rise, and some say about the upcoming fatal fall.
Here and host of CNBC Rand Neuner recently gave a positive cryptophones in his Twitter. He said that he had bought bitcoins even parents, because the market is “going to explode”. It should be noted that Neuner always been a “bitcoin bull”.
His current position, he explains that the SEC is likely to approve at least some of the proposed ETF in the coming weeks.
The presenter said that the approval of the ETF will be even more important than last year’s bitcoin futures, which led to market growth by over 300%.
Note that last week the market was pretty quiet, and in parallel there was a lot of positive news. For example, the fact that Yale has invested in cryptocurrency and the Gemini exchange acquired insurance partner to protect users from potential break-ins. Neuner believes that the market is waiting for the right combination of factors that will lead to its further growth.