$BTC/USD risk-off plunge

Today's cryptocurrency market has plummeted.

Especially, it fluctuates greatly around 6:00 AM Japan time, and the price movement from 17:00 PM. It is a situation that has been greatly lowered.

There are several factors that lowered it. In addition to the fact that the spread of infection due to the coronavirus mutation has not stopped in the United Kingdom, trade negotiations with the EU have been difficult.
Pounds were sold big and yen and dollars were bought. This weakened BTC / USD
As a result, the VIX index also surged, resulting in a risk-off market.

It is currently around $ 22,000, and we are paying attention to whether it will be further lowered.
This range covers all lines such as uptrend lines, moving averages and parallel channels.
It is a dense point and is considered to be a development that is easy to support.

On the other hand, if you break below here, you have to expect a drop to around $ 20,000.

We should pay attention to the latest price movements.