We all know that it is impossible to predict the future of the crypto market. However, according to the current world economy, the market is still in a good position. Still, who knows if there is even any news or when this market will turn around again. According to the economy going down a bit too slowly can new investments be made at the moment.
As bitcoin lover, you must have been used to news that always have effect on the market and makes it turn down. This is something that is not avoidable and it happens from time to time. But that can’t still change the stance of bitcoin or making new investors not interested in it. New investors will come in, some only wait for the market to go down a bit so that they can enter the market to buy more. Research is paramount in bitcoin and if one does that, you won’t have any problem investing in bitcoin.
News has an effect to investors like when news about Bitcoin is negative most investors will shy away from investing into Bitcoin thus resulting in lesser adoption activity. The news affect the sentiment of the market and at the same time the motivation of investors. Just like in the recent event. News about the cases filed by SEC to Binance US and Coinbase has negative effect on Bitcoin, we have seen that due to lesser investors coming into the Bitcoin market, there is less demand created thus we see Bitcoin price goes down. But the moment the news is overturn with positive news, we will see Bitcoin price uptrending because new investors are flocking into the Bitcoin market.