In recent previous days we had explore and observe market, and in the end we got that market are moving like zigzag mean its constantly moving in small zone , without going too upward or too downward. What's the reason behind it??
I am unhappy because it didn't even show any green signal.
So can any told me his opinion about this situation of market. Because I am tired of this😥😥
At this point, most of the investors panic sells their crypto the moment when Tesla announces the news that is why it continues to drop because of the panic selling.
It is a good time to reinvest your money since the market is on dump but at the same time, it is risky for some investors since the market might continue to drop, most of the time what will happen is it will take some time before pumping again in the market since we lose the momentum.
I think it will take a few months in this stage where it just pumping and dumping around 30k$-40k$ and then when it exploded people will realize it late when the market is already on high and then continue to pump. So probably when the ber months come that is when the bearish market could end, so my strategy is just to accumulate a high volume of bitcoin and other altcoins.