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Ethereum Price Analysis Nov.21: Is $100 per ETH just around the corner?
The market is going through a massive decline, and the current value of the total crypto market is below $150 billion. The bears took total control over the market and pushed the price of Bitcoin to a price as low as $4,000-$4,200 (depends on the exchange you are looking at). This is a 30% drop in just a few days. This plummet was most likely triggered by the massive triangle formation that would have been seen on the daily chart for months. The time it takes to develop these types of consolidations directly affects the number of limit orders that are being set below or above the formation breakup points, and the ... (full story)