With the recent sell-off of bitcoin by Mt. Gox trustee, binance "hack", then google banning cryptocurrency ads, it seems that FUD is never ending. Add to it the opinion of "experts" again valuing bitcoin as zero and so we are heading south. There is just so much FUD that may pose a sign that the bear market is almost over? We may wait for sometime but this bear market will come to an end and we will go back again to our happy days. For those that still have funds, this is a good time to accumulate more and for those who don't have any then just hold. I can see some people already selling and decided to totally leave the cryptocurrency world.
FUD will be here no matter what sentiments we are in. Its like a shadow that will follow us wherever we go. As for the Mt. Gox trustee offloading, he's just another factor and the rest are FUD. Binance already take the necessary steps before it goes out of hand, and now Goggle banning ads maybe also be another contributing factor. Yes, I wanted to see this bearish market came to and end, however, there is the G20 summit meeting about crypto regulations still up and we don't know how it will affect the market. Although I read that Lightning Network is already operation, but I'm not sure if this is true though. And I'm also seeing the market going green today, maybe we can see another push to $9000 or higher, so let see.
