Due to ongoing selling pressure in Germany, prices may temporarily drop in increments of $1,000, but they quickly rebound. This eliminates pessimistic elements, and when sold on impulse, it's a buying opportunity. From now on, instead of futures, asset formation will proceed with Spot, and the Dragon Chart will likely appear during the period until the calm October after Mt. Gox and before the start of Spot selling in December.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Is the bull still there after the huge downturn?
Due to ongoing selling pressure in Germany, prices may temporarily drop in increments of $1,000, but they quickly rebound.
This eliminates pessimistic elements, and when sold on impulse, it's a buying opportunity.
From now on, instead of futures, asset formation will proceed with Spot, and the Dragon Chart will likely appear during the period until the calm October after Mt. Gox and before the start of Spot selling in December.
#CryptoObservers