Quote from: Shasha80 on Today at 07:56:02 AM

Quote from: davis196 on Today at 05:31:42 AM

Quote from: 9thsky on July 16, 2021, 10:50:51 AM

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.

Some investors seem to be tired of waiting for Bitcoin prices to rise and start selling their Bitcoin little by little. Now that the Bitcoin price has
dropped below $30k, I predict that there will be panic selling in the near future, even though there has been no FUD for the past few weeks.
However, seeing the Bitcoin price drop below $30k, this is enough to make some investors worried. In fact, if we look at the history of Bitcoin
movement, the current situation has repeatedly happened to Bitcoin. So we should be patient with the current bad market, because usually
near the end of the year Bitcoin will be bullish again.

Expected to see more panic seller going to dump their bitcoin since imagine how huge the amount we can lost if the dump continue, I really experience that before so I really don't blame people since seeing the value of your assets declining continuously is really stressful so its good to get rid of it if we see huge decline nearly coming due to big fuds. The only thing wrong there if we don't do buy backs after the dump happen since we will lose the chance to earn when market is at the cheaper price.