#Crypto Research Institute 10X Research said that Bitcoin is now severely oversold, and after the fluctuation of altcoins, KOLs suggested that fans seize the opportunity to buy. There are many reasons for the Bitcoin sell-off, including the distribution of Bitcoin by Mt.Gox, the sale of confiscated Bitcoin by the German government, the sale of Bitcoin miners and ETFs, etc. It is estimated that the total amount reached 16-18 billion US dollars, which is similar to the Bitcoin ETF inflow so far this year. Although some people believe that the recent decline is due to the fud of Mt.Gox, certain structural factors may lead to a deeper decline before rebounding from lower levels. What do you think? Welcome to leave a message in the comment area to discuss.