David - Cryptocurrency Enthusiast
Cryptocurrency is about to bottom, according to YouTuber Dan Gambardello, also known as Crypto Capital Venture
According to Gambardello, the crypto bottom will be determined by the stock market
According to him the stock market may bottom out before cryptocurrencies
According to YouTuber and crypto expert Dan Gambardello, also known as Crypto Capital Venture, the cryptocurrency market is nearing its bottom. In a recent video, Gambardello stated that the bottom for the crypto market is within the next 1 to 2 months. He provided evidence to support his assertion, including a chart of the S&P 500 and data from prior recessions. Gambardello explained that the chart of the S&P 500 is a strong indicator of market trends, and that if the 20-day moving average serves as resistance again, it is very likely that the market will hit a lower bottom within the next 50 days, possibly in early February.
Gambardello also acknowledged that the current bear market has been challenging for investors. However, he pointed out that based on past trends, the worst period for the markets is typically the year leading up to a recession. He noted that there is a possibility that the market bottom could occur before the economy begins to recover from the current bearishness, and that the subsequent downturn could take place within the next 1 to 2 months.
It's important to note that Gambardello's prediction is just one potential outcome he is considering as an investor. He also emphasized that investing in cryptocurrency carries a high level of risk and recommended that individuals only invest money they are prepared to lose. As the market approaches its bottom, those interested in cryptocurrency investment and trading cryptocurrency may want to consider strategies such as crypto asset management and coin storage to protect their assets. It is also crucial for individuals to thoroughly research and carefully evaluate their options before making any investments in crypto assets.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards