Quote from: Awaklara on June 13, 2024, 03:13:02 PM

Quote from: Asyifiah on June 13, 2024, 04:30:09 AM

There must be a certain reason that every time the market price goes down, it is a natural thing to happen in the crypto market, namely a crash or dump to correct altcoins where there is a price movement, generally the whole coin is the same as last year. We don't need to panic about the price of all coins going down. If investors hold on to the coins they hold, they won't lose their money as long as they don't be afraid of the attitude they have taken previously.

it is also related to the increase that occurs in Bitcoin before the decline occurs. it increased several stages in a short time. the market then corrected and that is a normal thing to happen. I don't think there is any serious reporting in the media regarding certain events. because indeed we can see that the decline usually occurs accompanied by certain events. Sometimes people even share large transactions with the exchange, and that creates panic for some people.

News can also influence market movements, with big news it will influence the psychology of buyers or sellers to take action at the same time so that this makes price movements even wilder. on the other hand, if whales come or leave to move the market, this often happens when bitcoin is not as trusted as it is now, they also aim to move the market by influencing the psychology of traders, until finally they fulfill their goals and act