so why many people panic when China make bullshit announcement every time, maybe you can see when bitcoin under $3000 China ever banned bitcoin but bitcoin keep going to higher price.
It's because of fomo and everyone isn't like us as many users are newly entered into this market within this bull run or they're not aware of those. That's why everyone's on panic to sell off so that they could secure the profits, even many of them didn't care about the losses. That's how the market works and those panic users are also buying today. As a result, bitcoin is pumping just like huge dumping.
Newcomers commit many mistakes along the way, but experienced will teach them how to treat this business,
those who sell at panic losses their investment, after that those who still considering this venue of investment
realize that the chance still there for them,
they are now starting to buy back and start bringing more money inside the market, Red and Green market are
normal it's up to every investors how to treat this opportunities in order not to be left behind from any market sentiments.