Since your topic content is worded weirdly, I'm going to answer your topic title instead.
No one knows where the "bottom wall" is. It can go as low as it can simply if there are enough sellers. Though in my opinion it's quite unlikely for the price to go below $5800 short term, as there is so much buying power at that price range. Though it's definitely not impossible to go lower than $5000. Time will tell.
Topic: Until when does the price of crypto currency continue to fall? - page 4. (Read 612 times)
What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
Don't know if this is a serious question or just badly worded but...
The crypto markets will stop falling when the sellers and buyers are balanaced out. Then it will trade sideways.
It will go up when there are more buyers than sellers.
Its falling for many reasons, however mostly due to people getting emotional about losing money who bought earlier in the year and are sitting at 50-90% losses in their portfolio.
What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
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