And they say the news have no impact?
Just fully understand the following:
When I saw $HBAR pumping as if we were in the peak of the bull run, I wondered what was going on. I was told 'blackrock'. I searched and found news linking HBAR to Blackrock. I looked at HBAR's market cap and saw it was well over 5 billions. That's already a lot. Why is this valued so high? The pump was already high, I chose not to buy. A few hours later, blood was spelling from everywhere and apparently the news was a scam.
Just like any twit from Musk can create huge FOMO, any news involving big players can too.
This shows us the impact of the environment on the crypto market and why we are experiencing slowness and boredom for weeks now. There is no bullish event on sight, the market has no magnet to lift it up like BTC recovery, spot ETF, Bitcoin ATH, the halving and so on.
Those events create FOMO before they happen and sell off after they happen. The famous buy the rumor sell the news.
At this point there is no rumor to buy! So be cautious and master your FOMO.
#BullorBear #bitcoinhalving #MUSK #FAKENEWS #SCAM #BLACKROCK
