Hey guys! I'm sure everyone's noticing the drop in the cryptomarket. Is there any particular reason for this? Is the bubble actually popping. I've heard that supply and demand, selling more than buying are like the main reasons for the market to drop. Even google announced that they ll be banning the ICO and crypto related ads.
What do you guys feel about the whole scenario right now?
Market seems to bleed indeed and we are expecting a good reversal few days or weeks from now,bloodbaths are often because the finan institions are manipulating the market hard,that is why most of the altcoins and also bitcoin has suffered from these manipulations,it wont stop until these big players are done taking their profits.
They will continue to collect coins if they are professional. They won't stop just by cashing the coins out.