Markets are driven by emotion, not logic. Currently all financial markets have entered a depressive phase. The cycle overall is bearish. The upside is that Cryptocurrencies are now a mainstream phenomenon, and we can look forward to greater stability with greater regulatory oversight. With fewer weeds circulating and less evident pump and dump activities, we can look forward to strong growth among the coins that have achieved a community to support them.
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you're right friend but you have to see that with all this news the bitcoin has entered a depressive phase longer than normal also the logic influences the market and also influences the cryptocurrencies