WHY IS THE CRYPTO MARKETE DOWN TODAY? Over the last 24 hour

Bearish

--・403 views

WHY IS THE CRYPTO MARKETE DOWN TODAY? Over the last 24 hours, the total market cap (TOTAL) and #Bitcoin price lost a key support level on the daily chart. While some altcoins witnessed notable rallies, many, like $BONK registered considerable drawdowns. After days of showing signs of closing above the $2.50 trillion mark, the combined value of all crypto assets fell below it. The total market cap now stands at $2.46 trillion, the lowest point in nearly ten days. The next critical support is at $2.39 trillion; a drawdown to this point would mean a 2.5% dip, which is possible. This is because the #ichimoku Cloud exhibits bearishness despite being below the #candles $BTC #btc70k #altcoins

WHY IS THE CRYPTO MARKETE DOWN TODAY?
Over the last 24 hours, the total market cap (TOTAL) and #Bitcoin   price lost a key support level on the daily chart. While some altcoins witnessed notable rallies, many, like $BONK  registered considerable drawdowns.
After days of showing signs of closing above the $2.50 trillion mark, the combined value of all crypto assets fell below it. The total market cap now stands at $2.46 trillion, the lowest point in nearly ten days.
The next critical support is at $2.39 trillion; a drawdown to this point would mean a 2.5% dip, which is possible. This is because the #ichimoku  Cloud exhibits bearishness despite being below the #candles 
$BTC #btc70k #altcoins 