I just thought about a little theory. When I usualy tell friends or people in generall about cryptocurrencies and that they need to inform themselves about the subject the feedback is 90% positive. People realize that cryptocurrencies is the next "big thing".
So back to my theorie. In recent days there were a lot of discussions about Jamie Dimon CEO of JP Morgan spreding FUD. So if he actually gets people aware of crypto even by bad puplicity won't it be positive for the market despite causing a price drop by panic sellers.
So do you think even bad news about crypto in the wider media will drive the market up in the long run becuase it makes people aware?
It could usually go down at first, then big sharks came in and buy bitcoin at the low prices, then the price will go up again, awareness is a hard reference when some big time FUD news like mafias butt in, It was the time also that updates and forks has been implemented that makes the Fud news even more attractive to panicking sellers.