Crypto Market Bleeding | Where Does It End?

Assalamu Alaikum friends,
The cryptocurrency market is once again going through a major 'dump' or collapse. From Bitcoin to smaller altcoins, everything is on the brink of collapse. There is only one question on the minds of investors: Where will this collapse end?






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In the case of Bitcoin, it usually stops at its 'support zone' or a strong level. If Bitcoin can hold a previous major support (such as the $55,000 or $54,000 level), the market tries to recover from there. However, in the case of altcoins, the decline is even more severe than Bitcoin. Until Bitcoin stabilizes, altcoins will continue to be volatile.







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The crypto market always moves in cycles. Remember, panic selling always leads to losses. The dumping will stop when the market calms down and institutional investors start buying again.