Post
Topic
Board Bitcoin Discussion
Re: What's causing the decline this time?
by
davis196
on 20/07/2021, 05:31:42 UTC
Can't see anything particular in the news, or is there? EM? China? Anything I'm missing?

There's no FOMO,no bullish news,nothing.Some traders got tired of waiting,so they sold some Bitcoins.That's why the Bitcoin price goes down a little bit.The current market demand for Bitcoins is low,so every time the amount of sellers increases the price will go down a little bit.I think that this is normal for the summer season,so there's no reason for pessimism or panic.The bulls will wake up during the fall and the winter.
I don't see any major FUD news about Bitcoin in the last few weeks.This is also a good sign.The FUD army will most likely wait for the Bitcoin price to reach a new ATH.