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Crypto Market Cycle With Skynet Highlights BTC and ETH Phases
Psychology of a Market Cycle has been the piece spoken a lot about and that is essential to crypto investors. According to behavioral finance research involving the 2018 Journal of Behavioral Finance study, it is not common to find that the market prices are driven by the emotions rather than by the fundamentals. The cycle of optimism of Bitcoin, Ethereum and other altcoins is the same: when there is knowledge, the optimism builds, holding the price up, belief, then euphoria as value increases, then the panic and lowering by removing the price and a capitulation, then the regain.
There is a strong possibility that the mention of Skynet is that of Skynet Trading that is a market making firm that has more than five years history of providing liquidity. Looking at their analysis we find that the market is at one of the critical stages and it is possible the stage of belief/thrill where a large number of traders look forward to great fluctuations in the prices. By learning these stages, the investors will be able to endure crypto volatility more.
The Market Cycle Stages and Behavioral Finance
Behavioral finance puts down reasons as to why the investors tend to buy high during euphoria and sell low when they are in panic. There are the following stages in the market cycle:
Bitunix and Liquidity Advantages
Words arouse about trading platform that has “Better Liquidity, Better Trading” as a slogan. Good liquidity means that traders can have smooth buying and selling with light slippage in volatility such as panic or euphoria.
The current situation within the market with regard to TradingView statistics supports the high-volume platform:
Bitunix is playing to take advantage of this surge and it appeals to both the retail traders and institutions.s.