The current period is one of the strangest times in the crypto market 🙃
The previous period saw platforms crashing the market just because Trump tweeted some vague statements or even insignificant economic data.
The declines were significant, ranging from -40% to -70%.
Now, with the bombardment and international influence, alternative currencies remain resilient, despite the bearish technical pattern against them 🙃
Most countries in the past criminalized dealing in digital currencies as a means of payment or even their possession by individuals and companies, like Vietnam and others.
But they are surprised by the large number of their citizens holding digital assets, which forces them to accept it, then resort to regulating it, and eventually accepting and holding it.