Notes From The Brink: Reasons Behind The Crypto Bear Market
The Cryptoucrrency bear is still raging.
What is the cause of this? There are many reasons being speculated upon which means that it is probably a combination of them all.
Bitcoin keeps gaining as compared to the alt-coins as a percentage of the entire crypto market. It is over 53%, a level not seen since December of last year, just before it peaked at $20,000.
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Everytime the bear market comes the bitcoin market cap increases.
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Biggest reason behind bear market is Facebook & Google blocking crypto ads.
It dramatically slowed the flow of new people into crypto and prevented projects getting users and funding.
That's why JPB Liberty is enabling everyone in Crypto to claim damages against them by Joining the Class Action against the Crypto Ad Ban.
Its anonymous, no win no fee and you even got bonus tokens for signing up.
It's a tough market out there at the moment but it does give us an opportunity to buy. For anybody wanting to get into the market this bear has presented a real opportunity to get value.
Agreed, I have been accumulating :)
As it comes down more small fries like myself can buy in. buy in the dips sell at the peaks
Price went wayyyy too far past value, too fast. Not enough regulation in the markets allows traders to easily manipulate it which results in a volatile and emotional market
I'm not a bot but I gave you my 2 pennies worth
The "bear Market" is an orchestrated short by insto's and others who require the price remained suppressed until such time as the proper infrastructure is in place. When the timing is right the insto's will buy the assets at pennies on the dollar and then re inflate.
Just got to stick it out and have blind faith. A global unregulated sphere is always going to move up and down rapidly.
Syper
hope bitcoin again reaches 19500+ by end of this year