With Eid just around the corner across the globe...
Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?
I think no, I monitor the market since last quarter, but the market is still low or red, so i think Eid of Muslim is not related to lower the value of altcoin. And I think many of muslim know about bitcoin, but again its not related to red the market. Market down because many of investor dump the market to buy more altcoin in cheap price.
yeah, it's not related and the market still down in a few weeks ago so it is not because of Eid. just be patient for a while and stay calm. I am sure that after this, the market will change into green and many new investors will come to the crypto. I think people still getting panic because, in the last week, the price is down for more and makes people selling the bitcoin to get their money back.