$BTC The current correction shows the fragility of this market and its ongoing susceptibility to panic sell-offs. The situation can only be explained by two logical conclusions: either some very large players (funds, banks, countries) are preparing a colossal volume purchase, which can be evidenced by sharp price jumps in recent weeks. In this case, the price decline is artificial, and after a temporary dip, the price will continue to rise. Or the market is oversaturated, and due to the weakening dollar from the constantly expanding US national debt, demand for cryptocurrencies as high-risk assets has decreased — the Federal Reserve's policy still influences risk appetite. In this case, the crypto market will recover much more slowly — over several years.

BTC-0.08%
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