Topic: Market Cap getting lower despite good news? (Read 130 times)
Sometimes the market does not need any bad news or FUD to drop in price, it just does. Everyday a lot of people hit their target prices for their coins and they sell them off and take out their money. Then wait for the market to go down so they can buy. Sometimes, the market just needs to go down for a while before we can start seeing some real and lasting growth in the market.
Still normal though there are a lot of good news out there.
People are still in process of adoption and they are buying what the billionaires are saying (Buffett & Bill).
I'll just hope that after the consensus there will be a good result of it that will reflect the market itself.
People are still in process of adoption and they are buying what the billionaires are saying (Buffett & Bill).
I'll just hope that after the consensus there will be a good result of it that will reflect the market itself.
Investors have become smarter over the last year and it would be hard to convince them to invest their money on a coin that would still go down despite all the good news.
The market will still remain stagnant after Consensus if you ask me.
The market will still remain stagnant after Consensus if you ask me.
Many predict it will rise after the Consensus.
but now Bitcoin is still in a long downtrend. And also there are still some Bull Trap in the future.
that's info I got from some telegram channel.
Although we're out of the Q1 misery I think we're not totally out of the bear market. I'm expecting a final bull run in Q4 and I'm patiently waiting for it.
https://cryptopanic.com
According to Cryptopanic, there's tons of good news here but we are seeing a market bearish breakout here
Everything seems to be dropping even with good news, correction applying soon again?
Will we be good after Consensus in your opinion?
According to Cryptopanic, there's tons of good news here but we are seeing a market bearish breakout here
Everything seems to be dropping even with good news, correction applying soon again?
Will we be good after Consensus in your opinion?
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