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RE: A Sea Of Red... The Market Continues To Go Down!
I also think that we're going to move sidewards for some time still.
The market needs to stabilize a bit. When crypto is able to be stable for a bunch of time, this will result in a lot of additional interest, especially from serious investors since they see that crypto is able to survive without being purely FOMO driven.
Exact same thoughts over here as especially the drop from 20k has shocked many and scared away new investors. With a stable BTC value around 10k the confidence might come back
Yeah, Bitcoin now has to show it can survive in the long term, and that's especially when it shows that it can be stable without any FOMO. I mean, that's exactly what gives Dollar and Euro the value. People believing in the price of it.