Are you seeing the news recently since 4 days or a week ago or even more. It has been very positive. Some analysts are saying bear market is over for now, some said that bitcoin can increase to $80000. I am reading more of the news recently.
Today I read another one where someone said the bear sentiment has significantly reduced as more people are expecting bull run instead. People are also expecting a breakout time. Very possible the price will increase or this they are just news with positive sentiment for bitcoin price?
I think very soon the price of Bitcoin will increase and this is not just a positive news sentiments for Bitcoin. The election is around the corner and most people expect Donald Trump to win which they see as a positive news for Bitcoin as Donald Trump is a positive Bitcoin politicians. People want him to win so the United States can stop being very harsh towards Bitcoin. People have been predicting that Bitcoin is going to increase towards the end of the year and we are at the end of the third quarter and soon to enter the last quarter of the year. October to December is expected to be very bullish for Bitcoin therefore the price is expected to do well during this period. I am ready for the market in any direction that it wants to take because if it decrease, I would not panic but continue to accumulate.
Actually the market could really be just that only have two possible movements on which it is really that going up or down. Come in mind that we do know that this market would be having its cycle on which there would really be bearish and there's bullish on which we do know that bull cycle is something that would gonna happen on each cycle.This is where people will really be that liking to assume out on what are the things that could happen or simply they've been anticipating into something that had already happened in the past. This is why you cant blame out on why people will really be thinking up this way. As for the things you've been saying about political aspect or lets say about fundamentals then it is really that pretty obvious that these sentiments could neither affect or not in overall price sentiment of Bitcoin or crypto as a whole.
Wayback on which these things arent something that could give out sure effect but it do turns out that this is really that something that people around will really be watching or checking it out.
If you dont really like to go along with those news then you could really opt out on not on doing so. The key on here is to expect the unexpected on which we know that this is really just that a
typical thing that do happen or must to have on a certain trader or investor here on crypto space.