Every time there will be a bullish season of Bitcoin, there will be FUD that is spreading.
And the FUD always come from:
- Certain countries that ban Bitcoin (moreover China)
- SEC relation
- And other factors, sometimes, about politics.
And yeah, as we can see, the FUD will be really able to make the market crash for several days. And see, after that, the price will come up again.
It seems that we as a small investor or traders only become the victims of that FUD.
They will drop the makret, buy more, and rise the price, sell their BTC, once peole are feeling that the price of BTC keeps riisng up again, theyw ill spread FUD again, make the price crasha gain and so on in the cycle.