BTC dropped. BCH dropped, ETH dropped. Here is my theory on this guys.
There is a few individuals on the live exchanges at the moment who are profit chasing by 20 dollars. For example. Loads of people will buy up to $10,000, soon as it hits $10,000 or a specific set number. You will see a massive number of sell rather than buy, but some will be still buying. Is it the new hedge fund guys getting in on it?
yes, it seems so. my opinion, is this the effect of the near of the christmas day and the new year that makes crypto go down. maybe early next year could rise again.
What is your opinion?