Quote from: CageMabok on Today at 04:21:49 PM

Quote from: aylabadia05 on Today at 03:46:47 PM

What happens next when the price reverses the decline? Is there a reason why that happens?

Relax. Not always focused on the various reasons behind every market event. When the time has come for an event, just stick to the theory of supply and demand.
If most market players are still vulnerable to issues that make them easily give up and make the decision to sell, that will influence the decline.
If in an annual period there is a decline as has occurred recently, it can still be considered a normal condition.

This year there have been many very different market players in the crypto market and this has happened with Bitcoin, causing the rate of price correction to be less than in previous years. So it is true that those of us who have become part of the market must be more relaxed in responding to various reasons and uncertain speculation regarding the next price in Bitcoin. However, price decreases and increases in the market always refer to supply and demand benchmarks apart from the effects of bad issues which can still shake the minds of a small number of market players at this time.

Totally different on which we know that institutional funds are already that flowing on crypto space and different ETF's now are neither approving or declining on which these sentiments are really that affecting on the current market condition that we do have now. If we do compare out that predictability of the price in todays market then i would say that it is really that far more that you could anticipate basing up
on the news condition whether positive or negative on which we could really be able to assume out on where it would be heading, but of course this isnt something that will really be giving out that assurance
because this market is always been that unpredictable on where movements could really be always random and something that cant really be predicted.

On the moment that you would really be deciding on stepping your foot into this market then expect the unpected for things to happen on which we know that this would really be a roller coaster like ride.
There's no way that you could really be able to make out that kind of precise predictions no matter how good your technicals or fundamental analysis is. There's no way that you could apply 100%
accuracy no matter how old or veteran you are on this market on which predicting prices and on where it would be going is always that a pain in the ass.