Post
Topic
Board Altcoin Discussion
Re: Is the crypto hype over?
by
molsewid
on 08/08/2021, 05:14:48 UTC
Just one more hit on ATH price and the HYPE will be back but who knows this breakout will be fake or no. The mass demand is still under question, so waiting for the sentimental indicator results will show us how much of the total invested money flow came from the smart or dumb side. Dumb money flow will be a loss in the long run, so the market will show us a clear direction soon.

The FUD from one of the most influential individual alive down to the declaration of China to ban any transaction concerning in cryptocurrency didn't stop the hype of cryptocurrency platform in my own opinion. People keep on coming in this platform, more and more get interested to be part of the community. Bearish market will coming and that is inevitable since it is already part of the cycle of the market so I guess there's no any connection between the two negative action that I've mentioned earlier to the bear market or less hype of bitcoin or cryptocurrency today.