My 2 Cents Of Crypto - 1/22/2018 - South Korea Brings Tax To Crypto
🇰🇷South Korea To Tax Crypto Exchanges 24.2 Percent, In Line With Existing Tax Policy - according to Cointelegraph.
The overall news atmosphere is negative, which indicates bearish market. Try to compare it with a news environment during bull run of Bitcoin from 9 to 21 thousand dollars: "Bitcoin will be 100,000 by the end of 2018", "Cryptocurrency economics will replace banks by 2022", "another ICO raised over 100 million dollars"
Appearance of positive news is a good indicator of a bull market. Always check the news on the market to determine whenever the market is turning bullish or bearish. The prevalence of positive news can start bullish movement at any time. However, keep in mind that few positive news won't change a situation as good news are ignored on the bearish market, and bad news are ignored on the bullish market. That's why you need significant prevalence of the negative/positive news on the market to shift its direction.
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I pay attention when I hear positive ideas. thanks for informations
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