Bitcoin panic sell

in cryptocurrency •  7 years ago 

The market cap now is down about 90B from 116B, and accordingly all cryptocurrencies are in downtrend because bitcoin is forming a new bottom.

marketcap.png

For top 100 currencies on marketcap.com, all currencies loose some of their values except tether (that’s a fiat currency)

The rule in trading is to buy the fear and sell the greed, and this is a fear time which it the time to buy cheap coins and make a good profit later on.

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