It's just a RETRACEMENT because the currencies RSI was too high!!!
Stop alarming people with unproven false ideas!
universocripto
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The crypto bloodbath what happened find out here
The term "bloodbath" in the crypto market generally refers to a massive drop in prices, often triggered by large volumes of simultaneous sales. In cryptocurrency futures, when there is a simultaneous entry of sell orders with high values, this can cause a cascade of liquidations, amplifying volatility and generating abrupt drops in prices.
How does this happen?
1. Large players (whales): Large investors can carry out massive sales to manipulate the market or secure profits before an expected decline.
How does this happen?
1. Large players (whales): Large investors can carry out massive sales to manipulate the market or secure profits before an expected decline.
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