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    [Daily Discussion] Tuesday, July 28, 2020 Bitcoin Markets

    July 28, 2020

    [Daily Discussion] Tuesday, July 28, 2020 Bitcoin Markets

    [Daily Discussion] Tuesday, July 28, 2020

    Posted: 27 Jul 2020 09:05 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

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    submitted by /u/AutoModerator
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    [Altcoin Discussion] Tuesday, July 28, 2020

    Posted: 27 Jul 2020 09:05 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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    submitted by /u/AutoModerator
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    Bitcoin on a Bull Run – what’s going on?

    Posted: 28 Jul 2020 07:14 AM PDT

    On July 27 crypto world witnessed a beginning of a new bull run for Bitcoin after quite long stagnation. That day the price of BTC reached a six-month high. Analytics find several reasons for a sudden move.

    First of all, the latest changes in the world's crypto legislation added more investors to this market. The previous increase in investment institutions led to a short-time decrease in liquidity. It seems that this time Bitcoin is following the same scheme.

    Moreover, financial institutions that go into Bitcoin give more confidence to smaller investors that may follow their steps.

    Also, this growth may signify the increasing stability in Bitcoin infrastructure, which means better capacities of the network.

    Share your thoughts ideas of what is going on & the course of events in comments!

    submitted by /u/SimpleSwapExchange
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    Are people forgetting the Gox trustee coins, and are they still supposed to be sold for cash to reimburse victims this year? How much would that affect price trend?

    Posted: 27 Jul 2020 09:40 PM PDT

    The last news I saw was, if I remember right, the July 1st date for the trustee's rehabilitation plan was pushed back another few months to later this year (October?). Are people expecting this to be inconsequential to btc price or are they forgetting about it? Curious to hear perspectivea about this since bullish sentiment is so high now!

    submitted by /u/lmk99
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