
The post suggests that negative news ("FUD") from China regarding cryptocurrency often marks a local bottom for the market. The accompanying image highlights a "BREAKING" announcement that China has declared cryptocurrency trading, mining, and related services illegal. This implies that current market weakness due to this news could present a buying opportunity for crypto assets if the historical pattern holds.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.