Post
Topic
Board Economics
Re: Why do you think the market is down right now?
by
tbterryboy
on 24/10/2018, 06:40:15 UTC
I believe that now the market is in the phase of set of positions by large players, as soon as positions are set, a catalyst will be created for growth and we will see this long-awaited growth.
when big players decided to invest their money in crypto market,this bearish trend could end soon.but unfortunately there is no good news that could attrack them.
This is an open secret that the market is always influenced by the big players and same is true for the crypto market. We have these ups and downs in the market just because of the whales playing for their own interest. People holding big amounts of Bitcoin do have the ability to exercise the power and make the market favorable for them. This bearish behavior could come to an end upon the inflow of a big investment that counts to billions of dollars and this can push the market towards perfection again.