So, 5 july is just couple of weeks away and so does the deadline when all the banks in india will stop dealing with crypto exchanges and therefore bringing down the curtains of fiat to crypto trading in india.
Smart guys who can hold bitcoins for long time can use this great opportunity to generate some good bucks. Prices in india is going to go down tremendously and indians can buy bitcoins on exchanges at extreme cheap rates and sell off on foreign exchanges thus instantly generating profit. But, instead people are going in a state of panic and are selling their bitcoins in bearish market.
The case against rbi is pending in supreme court.
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