Cryptocurrency is an important indicator of investor sentiment. Ironically, the trend here is that people are waiting for good purchasing opportunities.
The movement of the Russian market according to the RTS index is not visible. In fact, the financial market is thinking about what to do against the backdrop of the American default. There are opportunities to earn money not only on the Moscow Exchange, but also in crypto. 💰A huge amount of ether and bitcoin has been withdrawn from exchanges to wallets in the last month.
Usually, when this happens, it indicates the desire of investors to store and hold the crypto for a long time. When it’s the other way around, it means that there is a great desire to sell the crypto, and accordingly, its price may fall.
In the current situation, large crypto investors are in no hurry to sell crypto, but are looking at the medium and long term. We should also wait for the moment to buy Bitcoin, because the US news background is pushing for a market correction in our favor.
