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It feel so good to see the market getting bullish once again. Bitcoin is looking bullish and recovering from it's dip. I can imagine what Alt coins are going through. A lot of them hold their liquidity in BTC and that would adversely impact on their books. There has been a lot of news and counter news and information but I guess we have reached the bottom dip for this phase and the next place to go is up. It's time to see he market green again and then recover all our losses.
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Everytime I keep hearing buy the dip and the market kept dipping. Does that mean so many people are dumping taking profit or loss? It is better imagined having to see your $1500 dip to $500. No one to console you because you don't even want to share the urgly news of your loss. A whole lot of people go about taking deep breath at every remembrance of the state of their investment portfolio. It's sad. Elon Musk said it's a fight between fiat and crypto that resulted in the market dipping that bad.
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Am sure China is up to something and the better the world watch out before it's too late. China I guess are trying to workout and tighten all loopholes and regulations aimed at crypto management, transfer and taxation. Once all these are sorted out in time, am sure China will come back fully into the crypto market and then dominate the scene. For now, we'll need to pickup from here and move on. If you have some fund to spare, buy the dip it will pay off. If not, watch and see.