This is a change from their policy which banned it in March 2018. Starting on August 3rd, 2021 Google will allow exchanges and wallets to advertise crypto and crypto products.
This is a major turning point of the market imo - the number of people who will now casually see ads that never did before will be an order of magnitude higher.
Link to verify - straight from Google sources:
https://support.google.com/adspolicy/answer/10688110?hl=en#:~:text=In%20August%202021%2C%20Google%20will,cryptocurrency%20related%20business%20and%20services.&text=(b)%20a%20federal%20or%20state%20chartered%20bank%20entity.
This is a major turning point of the market imo - the number of people who will now casually see ads that never did before will be an order of magnitude higher.
Link to verify - straight from Google sources:
https://support.google.com/adspolicy/answer/10688110?hl=en#:~:text=In%20August%202021%2C%20Google%20will,cryptocurrency%20related%20business%20and%20services.&text=(b)%20a%20federal%20or%20state%20chartered%20bank%20entity.
Comment:
There could be a nice dip opportunity to buy some around the .382 fib retracement area... That would be near $36.6k
Comment:
Close above 41,342 and this is going to be very bullish
Comment:
First hourly candle close above $41k since May 21st