is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
I think the market is going down right now because a lot of countries are banning cryptocurrency and there are a lot of false saying that cryptocurrency is just a scheme to trick people to invest their money, which is not true. That is why we are losing a lot of investors.
Yes in this year many countries decide to banned bitcoin and investor in that countries sell their asset because they don't want to against their goverment, it give a big affect to the market, because of that the market continue to go down and people start to be affraid to invest because they can't seeing a bright future in crypto.
investor worry about their money if they still investing in cryptocurrency meanwhile their government issue red policy.so this is why legalization and taxes is important for us.