Crypto Investing Fears at a High Point, So Time to Buy?

The fear in crypto investing continues to rise, but how much longer can it sustain before people rush in again and buy? In the stock market when there are no longer sellers in the markets the only thing left for it to do is to increase in price as demand is only in buying.

There are signs now that the fear in crypto is near or at a peak. This means there may likely not be much selling left and with that a potential bottoming in prices.

For example tracking all BTC draw downs since 2010 the current one is almost hitting the average draw down of -48% from all time highs. If BTC prices drops that far it will be signs to take notice if there will be buyers at that range. There have been three instances since BTC inception that prices drop more than 80% from all time highs but each time it has manage to get back to all time highs.

Then there has been the real fear in China banning crypto and now India too. Yet reality has faced us multiple times and yet countries like China has yet to truly ban cryptocurrency.

The reality is we are getting closer to a bottoming in price than ever before and signs appears that the more fear there is the more chances it will reach a point where there will be more buyers than sellers.

Market Watch's Source Article Crypto Fears Near Peaks?

None of this is cryptocurrency investment advice. This is for entertainment purposes only. Thanks for reading.