Well, the market seems to be taking a pounding as of lately because of all the negative news. Bing joining in the fun by making a decision to ban crypto ads like google and other platforms. While bing might not be as big as google for example, it's still bad news and people are scared. Oh and I thought we will be seeing more greens in the charts, haha.
Anyway, the situation is as always good for investors I believe, because everything is at a lower price. I think by the end of the month we will see Bitcoin cross 10k and have a strong resistence there. We simply have to wait it out as usual!
We'll have to wait and see if this is dumb/scared money selling the bad news or not. With the nice pump we got on Monday that coincided with the weekly open of futures trading suggesting professional buying, my bet is that it could well be the case, but, like I've said, we'll have to wait and see.