Although the news might seem positive, in reality we must analyze in detail the following:
George Soros is a great investor and as such is interested in the gain, not the technology behind the cryptocurrency, we can also consider he is not a manipulator but the biggest shark shark, ready to enter and invest billions to get more income.
So at this moment where the crypto is i definitely in a bearish period, this authorization to operate in Bitcoin's trading is not seen positively but carefully, as it could move arbitrarily manipulating the market with huge flows of money, rubbing the fundamentals, the curves and of the usual technical analysis.
Soros after declaring that Bitcoin was only a bubble on January 25th, will now pay highly successful traders to make him gain huge crypto flows.
Well, as usual, these are not financial advice or investment one, but only a personal point of view:
The cryptocurrency market is no longer that pre-investment in the stock market, now the manipulation of the market is evident.
Only those who succeed in knowing how to follow the trend or the manipulations will be able to survive the market.
Recall that for too many years, many retail investors have become rich believing that the trading was just buy bitcoin or other altocoins.
Now seen the change of trend will be increasingly difficult to operate and will be asked, great coldness, calm, analysis and cold blood, and above all, attention in grasping the right moment to operate.
Good Trading to all true traders and to the aspiring ones.
