Willy Woo, a partner at cryptocurrency hedge fund Adaptive Capital, states that the current market drop is setting us up for a sustained rally which has eluded the whole cryptocurrency community for some time now.

He believes that Stage 1 of the bull market is completing and once it bottoms out, Stage 2 begins which marks the beginning of a long sustainable bull run that will run throughout 2020.

Woo also thinks that institutional money is already pouring into the crypto space which bolsters his position that the conditions are ripe for another bull run, one that will much longer and sustainable.

It seems that Woo is not bothered by Bitcoin’s unpredictable price movements, like other bitcoin bulls he knows that progress is never a straight line and based on historical data bitcoin has always rebounded previous market crashes.

With a slowing world economy and bitcoin increasingly being recognized as a safe haven asset, we can only expect the demand for this new asset class to soar in the coming years.

Headlines for the world of Cryptocurrencies - July 27, 2019

• European Central Bank Moves May Serve As Rocket Fuel For Bitcoin
• Bulk Crypto Orders Now Supported In Binance
• Monex Group To Join Libra Association
• Largest Department Store In Venezuela Now Accepts Petro
• The Next Frontier For Cryptocurrencies

Headlines for the world of Cryptocurrencies - July 26, 2019

• 40% Of Americans Wants To Invest In Crypto
• What It Takes For Mass Adoption Of Crypto
• Bitcoin Becoming A Safe Haven Asset
• U.S. SEC Approves Of Tokens Founded By 8th Grader
• Croatian Post Embracing Crypto

Headlines for the world of Cryptocurrencies - July 25, 2019

• Pantera CEO Predicts $356,000 Price Of BTC
• CME Bitcoin Futures Predicting Bearish Trend?
• Newegg Now Supports Crypto Payments
• U.S. Regulators Now Ready To Examine Crypto And Blockchain Regulatory Frameworks
• Trust Wallet Integrates With Kyber Network