Sell Off on the crypto market continues. The charts look very abnormal. The sideways movement followed by a freefall doesn’t look like a normall bear market. What could be the reason for this? What are the projection short term?

My opinion only.

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31 COMMENTS

  1. Hallo,ik ben Danny,het zijn niet alleen de mensen die in november zijn begonnen,ik ben begin januari begonnen deze 5,5 maand zijn een hel geweest en nog steeds een hel die blijft duren,ik ben nooit in de groene cijfers geraakt,ik bleef maar investeren en steeds verder wegzakken,toen de markt steeg naar 472bill had ik even hoop maar ook toen had ik nog 15-20% verlies,nu vandaag zit ik aan 55-60% verlies,ik weet me geen raad meer,ik word depressief en bang,ik heb een behoorlijk deel van mijn spaargeld erin zitten,ik weet niet wat te doen,alles verkopen en eruitstappen of erin blijven alle munten verkopen en in bitcoin gaan en dan in usdt,en het risico binnen een paar dagen nog dieper wegtezakken.Ik wou dat ik nooit op het nieuws over bitcoin had gehoort,met al die mooie verhalen van youtubbers die rijk zijn geworden en munten promoten(waarvoor ze dikwijls voor betaalt worden)Ik denk dat er vele mensen in mijn situatie zitten,ik moest dit even kwijt want velen denken dat het allemaal rozegeur en maaneschijn is in the crypto,maar dit is een keiharde genadeloze wereld.

  2. I buy every week don t care if the market is going down i am in it for the long run can t go wrong like this thumbs up everyone
    This week it is morpheus network really cheap at the moment!!!

  3. Just a guess. Remember the people from Mount gox turn loose Bitcoins every now and again from that settlement. They do this to try to recover some of the money.

    Last time that they turned some coins loose to cash them in it dropped the price then . I wonder if that's what's going on?

    And if that's what's going on is it intentional market manipulation?

    Or is it purely innocent and they're just cashing in.

    It would seem that somebody with that type of information of when the coins will be turned loose would stand to make a lot of money if they knew what was going on.

  4. Shorting on crypto exchanges should be banned temporarily like they did in the GFC. This would stop whales dumping and shorting at the same time taking advantage of low volumes.

  5. There is nothing "manipulated". Stoplosses and selling by whales is NOT "manipulation". You'd never say it was manipulation if the market goes up like this by stop-buys and whales buying.

  6. I'm 1000% with you; You are such smart guy! I will not let these suckers get my coins, fuck them, I'm riding this ride to the fucking end, this market is still going to over a trillion by EOY, the good thing is that I'm buying a bunch of coins that I was trying to buy for a few months now, the moon is coming soon ??????

  7. i am sure about it that we had before as we had ath a unnatural move! that was the biggest manipulation! if you look at the normal chart you will see what i mean! (not log chart) i expect this bear market and now the whales try to manipulat one more time for the next bull run! Because we all hear the news about the btc etf and wallstret nasdaq! they are waiting to enter the market but not with this preice!

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