Pardon my language friends. Just that the market sentiments have got all of us emotional. Now I am no expert or technical analyst but i have noticed one thing and I'm sure most of you have also gotten that.
There were some big news and happenings that could've dragged the price way down but they didn't, tho we took a hit but not as many expected.
-VanEck ETF was withdrawn and market was quite like the cemetery. No response
- Nouriel Roubini did his thing again at the economic forum and previously after doing that, the market doesn't take long to respond downstream but this time it delayed.
- Craig Wright also sid his thing same as the last time we consolidated and he earned insults instead this time
- WhaleAlert tweeted big movement of BTC in millions to exchanges and i saw many shouting dump dump dumo but it seems the response wasn't that hard.
-So called Technical Analysts also started drawing bearish charts and I've seen some of them redrawing today
-Amd as usual, the media never stop doing their thing (Spreading FUD) and some reposting old posts to make them new.
In all, I can say that the drop in the last 24-48 hours could've been scary but it got a support.
Maybe some good news are incoming, we can't be sure for now but in general i was happy for the last 24 hours. Let's see what the coming weeks also have for us.
Bitcoin is really fighting this bearish market to stay alive and firm and somehow bitcoin is keeping its ground until now but this bear market seems so strong and some altcoins cannot defend well was moved on to its lowest values, nevertheless bitcoin is holding on to us so we need to do the same and hold your alts and be faithful.