Decentral Park Capital is a family of digital assets funds, run by a tech founder-led senior investment team bringing multi-faceted expertise, network, and capital to blockchain technology projects.
Cryptocurrency market 2020 Outlook by Decentral Park Capital
While cryptocurrencies have been in a bear market since August 2019, the
market is well set up for a rally in the short to medium term due to the following factors:
● Strong continuing development and investment across the cryptocurrency space
● Increased Institutional investor participation
● Reduction/end of ‘one-off’ PlusToken liquidation
● Reversal of current ‘Extreme Fear’ sentiment
● Bitcoin halving
In addition, the increased participation of Institutional Investors that we expect in the cryptocurrency market in 2020 should have three big implications:
1. Fundamentals should be a more important factor on prices
2. Volatility should structurally fall
3. Valuations should increase
These have historically been the results when ‘traditional’ Institutional Investors enter an asset class, and were the pattern repeatedly seen in emerging markets and commodities.