Pheww sigh I can't believe there is still more selling than buying at these price levels. What is going on? Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped. Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them.
A lot of people are buying, it's that there are a lot more selling and the question is how much are those buying are willing to pay. You can take a look at coinmarketcap or bitcoinwisdom or any other website that shows volumes at exchanges which are increased from recently when the price was higher. I think a lot of those sellers are looking forward to rebuy more coins at a lower price. And a lot of them are gonna miss the dip, since the price can rebound anytime.