why does sale panic is happeninng in crypto market

in #crypto7 years ago

what is happening in the crypto market is not just a correction.It is a down mvement then sideways area will occur.I believe that this sidways will last for almost 3 months and that is because:
1- The appearance of the idea of the investment in cryptocurrencies which is growing very rapidly all over the world with very big sums and that makes the market makers get rid of those investors with huge loses and press on the cryptos not to go up currently.
2- A lot of Capitals left the stock and forex markets and being invested in mining and investment of crypto currencies.That leads to put banks in danger and I believe they somehow interfer to make that sharp down movement and being in this low prices for a while.After that,all capitals will go out of the crypto market with very big loses and people will not trust the crypto anymore...

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