Is Over $3 Billion Is Sidelined Waiting to Enter Bitcoin and Altcoins?9

This week, Bitcoin broke through key overhead resistance at $4,200 and rallied nearly $1,000 in a matter of an hour to over $5,000. The powerful rally may have signaled the end of the bear market that has been plaguing Bitcoin and altcoins for over a year, setting a higher high and capturing the attention of crypto supporters and pundits alike.

As bullish momentum picks up, new capital will flow into the crypto market. But capital that’s been sidelined in the crypto space all along, as much as $3 billion dollars worth, could also flow directly back into Bitcoin and altcoins like Litecoin or Ripple.

Original source
https://www.newsbtc.com/2019/04/05/sidelined-waiting-bitcoin-altcoins/

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