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RE: REASON FOR BITCOIN MASSIVE SELL OFF? Learn my personal opinion and share yours

in Project HOPE2 years ago

Greetings @crypto.piotr, certainly the Kazakhstan situation had a negative impact on the market, the closure of the internet caused a big impact on BTC mining, now the FED announcement for me did not affect the market is more the situation of the middle east country.

But perhaps there is another reason that we are not seeing and this added to the problems in Kazakhstan caused the BTC to break the support of 43K. The global economy is trying to shrink the cryptocurrency market and global banks are injecting liquidity to drive BTC down.

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