Well, what are you waiting for ?Govt. of China, India, Korea...have been banning Bitcoin & cryptocurrencies for a very long time now. But guess whats going on in the backyard. Just a heads up guys, im betting heavily on NEO too.
This is similar to the RSI & volume indicator in trading wherein the the price is at a constant decline and seems like there is no light at the end of the tunnel but on the other hand the there is tremendous government backed investments been made.
For instance, this is whats happening & im using this purely for illustration purpose & with the chart that shows a similar pattern ( too lazy to search for a better one). But i hope you will get the point though.
This is for the USDJPY pair. The daily trend ( red arrow) shows a price decline but the RSI ( Relative Strength Index) is going up in the opposite direction & see what happened; from 105 to 107 and thats a huge huge move tbh.
In the same way with the volume coming in to the crypto land the relative strength is on the rise in general. Banks & governments are starting to adopt this technology and i believe its going to be a hell of a ride the coming months. Fasten up!
Bitcoin : 1EDEU9A9D1pJYGkM8JaEEUgdH7U8yUNeXp
ETH & ERC 20 tokens: 0x277be3fe5b9b6fed7eff380bff320f9c1caf69a2