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Crypto Markets Down - Reason

soulzz44

Published: 18 Jan 2018 › Updated: 18 Jan 2018Crypto Markets Down - Reason

Crypto Markets Down - Reason

Crypto markets down. Mixture of these reasons:

  1. Chinese New Year approaching
  2. Traders and whales paying taxes
  3. Traders and whales who waited until after Jan 1 to pull out funds
  4. Whales manipulating low prices to allow Wall Street money to flow in (think bonus season)
  5. Huge FUD week (South Korea, China, France)
  6. Market was ready for another (natural) correction - the % increase we were seeing was unsustainable.

If you missed out on some #altcoins earlier on, now is a good time to buy them at a major discount!

Source: Crypto Signal

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