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What is the cause of the downtrend in cryptocurrency market?
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[QUOTE="sincerem, post: 251647, member: 25228"] I wouldn't go to say, the regulation that is alarming is the major significant of crypto bearish run. So many factors can influence it, we aren't seeing the regulation stuffs hitting up like it did in the past. China did ban crypto and it suffered one of it's lowest bearish run, at this time it isn't moving as expected, it is facing bearish thou. The market is not moving away from $29,000 - $31, 000 mark for BTC. It's been there in the last 3 - 4 months, I don't know when we'll see crypto like BTC moving back to $70,000. I know so many factors in which the OP stated are clear indication, but we wouldn't say only one is the more powerful, leading to crypto bearish run. Plenty of the factors like, government regulation enforcement in some countries, more sell off than holdl, tension etc, are major factors limiting the uptrend of cryptocurrencies at the moment. [/QUOTE]
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What is the cause of the downtrend in cryptocurrency market?
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