This market reeks of greed and greed-driven stupidity. Sunday some unscrupulous people released the fake news that countries won't regulate the cryptomarket, and the price of some sh!tcoins surged by 50%.
I'm almost certain that real news about tough regulations against money laundering, speculation, & fraudulent crowdfunding will come out this week, one by one.
That is why fake news need to come out first: so that the whales can unload at premium.
About TA: Bitcoin first time under 200D since 2015 & death cross imminent. Last time this happened price dropped another 80%.
About sentiment: suddenly everyone is bullish. Enough said.
Completely disagree, Cryptos are the future weather you want it or not. You can either fall behind or lead. News, fake news, alternative news, expert trading advice and such is just background noise...
@Poukitoun, Blockchain is the future. Does cryptocurrency as we know fall in there? Maybe
CheeLeong
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@Poukitoun, blockchain as a technology yes, crypto market, not really, almost none of these companies reports their earning, it's all speculation.
PhillipLiang
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i am agree, it is too weried that they come out so many like G20 news and people start thinking the correction is over...not that quick
majorlee
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still bearish here, been taking flak for it for a while, then people remember u been saying it ALL along lol
PhillipLiang
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So is it death cross yet or not yet happened?
monitorr
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@DrJLT Yo Buddy. So does that mean we will touch it first before down?
Doc-al-Citadel
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i think the g20 news was as positive as could be expected, ok i'll say it if it goes to 2.5k, i'll eat...
Doc-al-Citadel
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@qdoc, it was always going to be regulated tho doc, regulation = survival imho and could = the greatest bullrun the world has ever seen NOT TRADING ADVICE ;-) ps i'm not talking about btc oer se but crypto as a whole; i don't and won't own btc