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These are all good and totally valid points but in the end I don't think they explain why crypto is down. I think it is pure risk off.
by anm89 5y ago
These are all good and totally valid points but in the end I don't think they explain why crypto is down.
I think it is pure risk off.
- NovemberWhiskey 5y agoI mean I'm sure that's right in some sense; when the only trade is the momentum trade it only takes a small amount of change in sentiment to trigger these kind of large moves. I guess? I just don't understand at all what the structure of the bitcoin market is supposed to be.