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RE: Crypto Space BLEEDING OUT? BUCKLE UP - recent correction AIN'T OVER just yet [my personal expectations]
Yes , Bitcoin reached around 19.5 k and faced a strong drop .. currently trading around 17.7 k. The two reasons you point out seems to be highly attached to this sudden drop...
100 mln LIQUIDATED on DeFi Protocol Compound
1% BITCOIN seized by Chinese police
But what I noticed is the drop initiated within a short time. It dropped really fast. I think it's due to traders were overleveraged.
Thank you for sharing your thoughts with me @besticofinder