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Author Topic: Reason for Crypto Bears  (Read 89 times)
cryptomonotize (OP)
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June 22, 2018, 06:44:53 PM
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From bitcoin.com I came to know that the prices start to decline after Japan's Financial Service Authority (FSA)  told the exchanges that they need to upgrade their systems and anti-money laundering procedure. Do you think this reason causes the Crypto bear to come back.

Source: https://news.bitcoin.com/markets-update-cryptocurrency-prices-tumble-before-the-weekend/
etin06
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June 22, 2018, 06:58:08 PM
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From bitcoin.com I came to know that the prices start to decline after Japan's Financial Service Authority (FSA)  told the exchanges that they need to upgrade their systems and anti-money laundering procedure. Do you think this reason causes the Crypto bear to come back.

Source: https://news.bitcoin.com/markets-update-cryptocurrency-prices-tumble-before-the-weekend/

Yes the price actually began to decrease after the announcement, sincerely speaking upgrading anti-money laundering project is not a bad news that could make market to go bearish. 
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