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Good crypto news doesn't cause a bullrun, in a bear market (this is where we still are) they just cause higher lows. Don't FOMO

All Cryptocurrencies

by COINS NEWS 111 Views

You, me and anyone who likes crypto celebrated the good news about the lawsuit, but we all should stay reasonable.

We're still in a bear market, this "good" news caused wave of FOMO + short liquidations. The prices of all crypto pumped.

And now? Of coursethe infamous "buy the rumor and sell the news" hits and prices dropping again.

So this good crypto news isnt impactful? And of course it is, but not in the shortterm!

In shortterm you can see a big green candle which drops back down quite fast.

In the midterm you can see the charts grabbing at a higher lows.

But the most important is why we are in crypto for:

The longterm

In the longeterm we will see a bullrun

submitted by /u/Tbrainee
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