Quote from: ene1980 on October 08, 2019, 04:12:25 PM

Quote from: TrollboxChamp on October 07, 2019, 06:39:06 AM

China still is making the big moves. About downtrend no one really predicted but you could see coming a slow down in volume and volatility lead to dump after descending triangle.

What relevance does China have in the market now, there was a time when every news coming out from China could have an implication on the market valuation and i have seen many drop in price simply because of FUD news coming out from China and now we get rid of that for a long time, now a days the market does not respond to these FUD news most of the time.
The market is looking for a direction and we might see some fall before the rally.

I also remember those days where the FUD from china affects the emotions of crypto investors and traders, but that's been long forgotten as adoptions
is now the basis of movements, not every specific news that spread around creates anything but since investors are wise now doing research and make
a proper assumptions save their investment. The price cycle continue and only those who are willing to work with this type of volatility will survive and
succeed.