Why the crypto bloodbath ?

[CryptoGirl]

today looks like a bloodbath for all cryptos ... wtf happened ?

[sw1911]

whales cashing in their profits to buy lambo's and yachts. 

[btcdoll]

Ups and down are market trends. Market can not move in single direction. At the end of year every one   wants some profit by selling crypto. So crypto is red.

[kjulian]

I've got a feeling that there will be another crash around new years eve because of whales cashing out.

[mu6m0r0k]

First big dump around 22-23 - cashing out for christmas presents. New dump around 29-30 cashing out for new year presents. I hope I'm right so i can buy some coins on the cheap.

[Niteroy]

I see that since December 2017, when this post was published, the question: "Why the crypto bloodbath?" still relevant and I believe that it will be relevant for a long time. The answer to this question has not changed, because the cryptocurrency market is still being manipulated through the media, the prices are played by large players with large capital. I think, while the capitalization of cryptocurrencies below $3-4 trillion, their prices will still be as easy to manipulate as they are now.

[Phylum1020]

today looks like a bloodbath for all cryptos ... wtf happened ?

Red market usually occur when Bitcoins price will drop and it will happen when thereis FUDs in social media and when there is negative news about cryptocurrency, it will all be affect by this factors. However it will not take forever to recover the prices in the market, when it start to rise up again then it will continue to uptrend sometime.

[SuccessManiac]

Well, that is how the market is. We need to expect low rises and high tides. We dont always expect the market to be rising. So there is a high peak at a point in time and a low peak too.