Why are Bitcoin, Eheetumum and XRP prices so hard today?
In recent history, assets such as Bitccoin, Etherum, and Xrp have continued to fall and have entered the most powerful growth stages. In the last 41 days, the market is worth more than $1.1 trillion, which is $27 billion per day.
As of today, this week it fell below $ 131,238, at $ 3,012 and xrp fell to $ 2.13 to $ 2.13. A number of popular magazines also remain in the deep red service area. Analysts say this is a chaotic weakness, but it is a combination of structural, psychological and mechanical reasons.
The crash timeline and why it feels different?
According to research shared by Cobb, the decline began to decline shortly after $4.3 trillion. In a series of major political and macro reals in China with 100% story stories ads added without doubt, mixed messages about our Crypto leadership. Despite the positive comments, they have repeatedly supported the creation of Crypto, Bitcoin, eheetumum and most of the phones continue to fall.
Today, the overall market is currently 10% below the levels at which the $19 billion liquidity event took place on October 10.
The exit is structural, not emotional
The current decline is not due to bad news or successful fundamentals. In fact, several developments, including statements of support from the US leadership, have been positive and continue to have long-term confidence from the institutions.
Instead, it seems that the structure of the covered market has been arrested since the end of October. In the year In the first week of November, in December, 1.2 billion dollars in divestment money is to be taken out of the costs of the criminal response.
Could Biracon Stay Around $50,000 or Sooner?
Short-term technical readings show that the market is raising the possibility of a temporary relief installation. But if the selling pressure and the macro conditions are selling, the experts, especially if the long-term carriers continue to sell, it is impossible to withdraw from $50,000,000 to $50,000.
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