No real action... The market feels "dead" ... This is a bearish signal
Trading volume has gone down and there is no movement.
There is no movement for several reasons:
1) New participants aren't likely to become interested in Bitcoin without hype/excitement/growth. The market has been declining for months.
2) The last buyer already bought. All potential buyers that became attracted to the market already joined the market, in fact, many of these participants are now moving toward the altcoins market or leaving because there is no excitement, there is no movement, there is growth.
Movement is needed for action — Action is needed for movement | Activity
The market is a living entity... The market has a heart, a spirit, a soul... The market is alive, lives and wants to continue living. The market always does what it is necessary for its on continued evolution and growth... We are talking about Bitcoin; we are talking about the Cryptocurrency market.
As the market feels lack of interest from the public, it wonders and asks itself what it should do to attract attention... What to do to get people interested in "me" again?
That's the question the market is asking itself and it has an answer... The answer comes easily and says, "Let's lower the prices."
The market decides that lower prices might be the solution to the period of stagnation it is feeling today... This stagnation is not permanent, it is only temporary, the solution is already in place.
We are the market
And so we feel what the market feels; we rejoice when the market grows, we suffer and feel stress when the market shrinks; we are one and the same.
When the market says down; a message in the form of a magnetic wave spreads all around. It reaches us in the form of a thought and it says, "My dear market supporter, take action, do what you need to do to make the money flow."
The message is received by us as an intuition, an image, a voice, a feeling or sense of something that we need to do... Something has to take place. Knowing this, those with the power start to act and support the market in the right way.
Lower prices will work for all of us... A wave down follows a wave of growth.
As prices go down, new participants can also join. The family becomes bigger, bigger, bigger... Love! We continue to grow.
It is easy to get lost when looking at the short-term but, when we consider the bigger picture, a correction is welcomed and necessary, it helps balance the environment just like night and day.
A moment of truth is upon us...
Prepare... Things are about to become fun once more.
Namaste.