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RE: #ULOG What's The NEXT Move of BITCOIN ? Will It Crash or Move up?
indeed there has been a slight more buying power now than lately, but I dont really see this buying power to last very long to be honest.
sentiments on the market are still down, people are simply not interested in buying into crypto. and somehow many of us seem to believe that smart money will flood this market and prices will move up again. which is not really happening.
in my opinion "smart money" will be entering the market slowly and steadily without rushing (because they don't have to) without really pumping price up. So we need to wait till masses of regular people will start investing and we need to wait for another hype. But I cannot see it happening anytime soon.
Great post @kmayegaindia
Yours, Piotr