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RE: The end of Bitcoin, Ethereum, and All Cryptos!
I keep on repeating ad nauseum: the reason for a tanking market is more sellers than buyers. That is how price is determined. We cannot know what the decision of each seller was by looking into all of their heads to find out what the reason to sell was in each single instance.
So any reason put forward is a narrative, a belief about why 1,000s of people (or bots?) sold. It has nothing to do with reality. Better to stop looking for a reason if you know that it will be just a story.
Stories sell and Fear Uncertainty Doubt (FUD) to because our lizzard brains are hard wired to spot and react to danger immediately.
So we can expect the barrage of bombastic headlines to continue. Make sure that you are prepared to not let this get into your mind.
Ive studied more about financial markets and herd mentality. brother I've got a lot of time in the books and history of the markets.
Google: cycle of herd mentality and that's this market
I like to bring up what talking heads say are the causes for this. When it's truly a working market that makes up the moves aka multiple factors