ㅤ

[tokeweed]

^  Yup, nobody seems to want to sell right now.  And it’s holding up good.  But here’s a funny thought, what if it takes another fake news, but on the negative side, to get BTC to sell down..?    Maybe by the same people who made the Amazon news.  Lolol.

[Kittygalore]

^  Yup, nobody seems to want to sell right now.  And it’s holding up good.  But here’s a funny thought, what if it takes another fake news, but on the negative side, to get BTC to sell down..?    Maybe by the same people who made the Amazon news.  Lolol.

Which is a good news and bad news at the same time, good news because now the institutional investors know that they can't easily make money out of the market via manipulation through rumors spread to create a hype and bad news because that means that other institutional investors would be discouraged to get in the market if they want to make a quick profit via manipulation.

[rahmatrf331]

^  Yup, nobody seems to want to sell right now.  And it’s holding up good.  But here’s a funny thought, what if it takes another fake news, but on the negative side, to get BTC to sell down..?    Maybe by the same people who made the Amazon news.  Lolol.

not all investors look stupid, only those who are beginners look stupid and don't understand so they are stuck with fake news or unclear news.
when positive news spreads people are competing to buy and when negative news comes again competing to sell, it really surprises me.

[tygeade]

Unfortunately banal or not it really worked. I understand that these type of news making the headlines and causing the price to go up is a horrible thing for all of us, however at the very least we are talking about something that is bringing some life into crypto and that is not something we should let go that easily.

I personally like it when the price is not dropping, and this is came in exactly at that time, price was falling like crazy and we ended up with the news and the price started to skyrocket, I am not going to be upset over something that I have zero control over that helped me, I would be maybe upset if it dropped the price even more, but since I can't control it in that case as well I wouldn't really get upset about it neither, not like I caused anything, so why should I care? I am not selling neither so it should not really bother me.

[Dhaniii]

Unfortunately banal or not it really worked. I understand that these type of news making the headlines and causing the price to go up is a horrible thing for all of us, however at the very least we are talking about something that is bringing some life into crypto and that is not something we should let go that easily.

I personally like it when the price is not dropping, and this is came in exactly at that time, price was falling like crazy and we ended up with the news and the price started to skyrocket, I am not going to be upset over something that I have zero control over that helped me, I would be maybe upset if it dropped the price even more, but since I can't control it in that case as well I wouldn't really get upset about it neither, not like I caused anything, so why should I care? I am not selling neither so it should not really bother me.

I don't believe in rumors that are not clear and people say it should be seen, maybe people who don't have assets in cryptocurrencies. so it's only natural for him to make a rumor that is not clear, because he has nothing to lose and he's just looking to gain from the other side,
it's good not to be easily influenced by rumors like that, then panic sells together. I was angry to see that.

[eaLiTy]

^  Yup, nobody seems to want to sell right now.  And it’s holding up good.  But here’s a funny thought, what if it takes another fake news, but on the negative side, to get BTC to sell down..?    Maybe by the same people who made the Amazon news.  Lolol.

If the market goes down now, we will say the resistance it too high and so is the reason we are having a correction  . If not someone will come up with a story talking about the reason for the correction and everyone dance to that tune, even if we have seen this situation many times we just wait for any sort of news that goes along the lines whenever the market goes in either direction  .

[Hippocrypto]

^  Yup, nobody seems to want to sell right now.  And it’s holding up good.  But here’s a funny thought, what if it takes another fake news, but on the negative side, to get BTC to sell down..?    Maybe by the same people who made the Amazon news.  Lolol.

If the market goes down now, we will say the resistance it too high and so is the reason we are having a correction  . If not someone will come up with a story talking about the reason for the correction and everyone dance to that tune, even if we have seen this situation many times we just wait for any sort of news that goes along the lines whenever the market goes in either direction  .

As long as we don't see the market survives at $44k and beyond there's no chance for bull market to exist at any random scenario. The harmony of corrections, leaded people on safer state so that they'll be holding their coins for future benefits. Whatsoever the outcome will be, news and other cryptocurrency related articles matters the most.

[STT]

News is never as powerful as the stats, graph whatever way you have to decipher the order flow is far more reliable but in a good trend the news and price action should match each other mostly.



We do have many daily green bars recently.   I think it will end up close to the 200 day average before a sell off, my take is that price becomes magnetized by that common observable destination so we end up where the crowd objectively maintain in their expectations.   However as always thats a probable scenario never certain but imo we fall upwards, the test will be somewhere around that and then we fall back to the upper range area which is like 39k on this chart for example.   Possibly in future we fall as far as 50 daily moving average which is 35k, it might be we move so slowly or just sideways that the 50 daily average rises towards price and the pullback is less aggressive.