News about Price Action

by COINS NEWS - 1 year ago

Is this bear market different or not? The story is different (inflation, banking crisis, war) yet the price action mirrors past cycles and suggests that we are just repeating history and should see a decent 2023 and an amazing 2024

With the inflation, rate hikes, and bank troubles we are seeing, it feels like unchartered territory for crypto. In a sense the current situation feels more similar to 2007/2008, where we saw a great financial crisis. During that time, we saw a...

by COINS NEWS - 1 year ago

Bitcoin is volatile, and for every violent price action, there's a violent price reaction. Yes, the price will eventually correct, there will be dips. But I wouldn't bet the farm on timing it. This is a market that could stay in FOMO mode longer than you

Be careful thinking you got this market figured out. That's when it can burn you. Sure it may seem like there has to be a correction. Many bulls got burned thinking the bottom was in. Or thinking we couldn't possibly go below $19.5K. An...

by COINS NEWS - 1 year ago

Bitcoin is volatile, and for every violent price action, there's a violent price reaction. Yes, the price will eventually correct, there will be dips. But I wouldn't bet the farm on timing it. This is a market that could stay in FOMO mode longer than you

Be careful thinking you got this market figured out. That's when it can burn you. Sure it may seem like there has to be a correction. Many bulls got burned thinking the bottom was in. Or thinking we couldn't possibly go below $19.5K. An...