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Learning & News => News related to Crypto => Topic started by: newshunter on December 09, 2022, 07:00:54 PM

Title: Total crypto market cap falls to $840B, but derivatives data shows traders are neutral
Post by: newshunter on December 09, 2022, 07:00:54 PM

Total crypto market cap falls to $840B, but derivatives data shows traders are neutral

Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally.

Source: Total crypto market cap falls to $840B, but derivatives data shows traders are neutral (https://cointelegraph.com/news/total-crypto-market-cap-falls-to-840-billion-but-derivatives-data-shows-traders-are-neutral)

Would appreciate your opinion about this

Title: Re: Total crypto market cap falls to $840B, but derivatives data shows traders are neutral
Post by: Citysatoshi on December 10, 2022, 09:35:01 PM

In my opinion, the current crypto market has required volumes to rally even this year, 2022. There is fear that bitcoin may go lower and has not touch it bottom. May traders/investor may be having this market sentiments and think very many investors are waiting to see how the market will move. I am sure that bitcoin will go lower into next year, 2023. I don’t see new before the end of 2022.