Brian Kelly Thinks His Market Will Turn Up In The Coming Days

CNBC’s cryptocurrency analyst Brian Kelly made analysis about crypto money markets. Saying that the crypto money markets will increase in the coming days, Kelly explained the reasons behind this claim.

While there was a complete bottoming for cryptocurrencies last week, many altcoins saw their lowest price levels in 2018. However, the market entered the recovery process and the major altcoins that fell increased by around 8-9 percent.

After this bottom view, the reason for the recovery phase is not clearly known, while Brian Kelly made statements on this subject.

CBOE Bitcoin Referring to the decrease in BTC price in general on the last day of futures transactions, Kelly said that this has not been the case in the last period. Bitcoin, which generally decreased by 7 percent on these dates, entered this process again on August 15, which we left behind. However, there was no decline in the price experienced in the past, and Bitcoin increased by $ 600 on the night of August 16 to $ 6600.

Kelly, referring to this situation, crypto money markets stated that it will enter an upward trend.

In this process, it is recommended that you follow the price frequently and observe Bitcoin movements well while investing in altcoins.

*It is not investment advice.