The fact that we are now witnessing an increasing number of skeptical reviews, analyzes, forecasts and negative reviews in the direction of the crypt once again points to the relationship of crowd psychology and market behavior. The emotional mood of this crowd indicates the place where the market is located in its psychological cycle. Now we see a panic, and at the same time, there is still a good mass of not disappointed traders on the market, which indicates the possibility of further reduction to the stage of surrender, anger and depression ... But on the other hand, we all saw a much greater panic at the end of January - in early February, after which it was already: capitulation, and anger, and depression in the form of a protracted outset before the current failure. The conclusion suggests itself: we are approaching the coveted reversal, and even if we are not standing at the foot of a new upward movement, it is already extremely close. The asset made a huge correction path, overcame the cherished resistance of 0.786 Fib and rolled back almost the maximum value (the average maximum bitcoin drop was -85%, now the market has already done -81%). So if the downtrend continues, the fall should not take much time, and the rebound should follow immediately.
Since cryptocurrency markets are not yet strong and have high , we see a huge difference in price fluctuations. For comparison, you can take any other similar innovative product at an early stage of its development, there we will see the same