The cue ball collapsed heavily. However, for this specific “asset” the volatility is strong, as is the amplitudehesitation is not at all new. Even a 30% drop in a week is not a panic yet.
Panic for crypto, in my opinion, is a tripling in a week with increasing acceleration.
My personal opinion is that when the price breaks through 15,000 bucks per cue ball, a panic sale will begin with a complete loss of trust in the crypt.
And what do you think?
P.S.my personal opinion is a cue ball project of the owners of the dollar system, designed to play the role of a liquidity sorbent so that the fall in the real value of the dollar does not take on an avalanche, and not at all an “asset” IMHO of course.