Quote from: arpon11 on November 20, 2018, 09:03:21 PM

The Chinese traders are dumping bitcoin and others cryptocurrencies hard and that is why the market is currently in red. Since yesterday till now cryptocurrencies market has lost over $40 billion and this should be a cause for concern for some of us that love Cryptocoins. I think the current fall in price was not expected and many people were speculating that the next price directions after the breakouts is going to be a bullish trend only for us to began seeing this huge dumped.

agreed. this fall was mostly unexpected or perhaps of a smaller intensity. However observe around you...it is not only crypto falling. Look at stocks as well. it seems like a controlled "de-bubbling" going on. Possibly crypto is the canary in the mine that goes down first. There seems to be a global withdrawal of liquidity from risky assets. Why? The million dollar question...some black swan event coming?