Quote from: gunhell16 on August 30, 2023, 06:52:43 AM

Obviously, if we look at the market today, we are still in a downtrend scenario. There are many things to consider in order to place the market in an uptrend, and that will depend on what happens to Bitcoin or cryptocurrency investors and the news that will come about it.

In addition to that, the bounce is not enough to recover and change position towards the uptrend. Due to the volatility of the market today, it is still very difficult to determine whether it will kick strongly or not, so let's see and watch while we hold the bitcoins we have.

It seems that there are no signs of a very significant change; the market is still not improving because there is a lot of dependence on the world economy, which has not yet recovered evenly, resulting in reduced purchasing power, which also has an indirect impact on crypto.It is clear that investors will continue to wait patiently for market developments from time to time. If it corrects again, of course many will buy, and that will have a positive impact.because there will be many who will buy back and, after that, hold and wait for the market to improve and increase to be able to sell to get a profit according to the goals they want to achieve.Agreed, we will continue to wait for developments in the next few months; hopefully the correction will reflect the improvement.