Its only a matter of time until the price of bitcoin and crypto reflect the overwhelming positive news and developments in the world of bitcoin/crypto. Here are some examples from today on CCN news site (link below). There are still a few negative ones, but the list of positive news is just overwhelming, and you have to wonder why this isn’t being reflected in the price.
Unfortunately, its the hype that gets the attention and not the real substantive moves forward. For example, the fact that bitcoin mutual funds can now be included in my Retirement savings plan (Canadian RRSP) or tax free savings account (Canadian TFSA) is huge. There are positive developments on so many other fronts. Its only a matter of time before the mainstream retail, and institutional investors jump on board.