GBTC - Dogecoin Shiba Inu On Brink Of Collapse? Expert Warns Of Sell-Off As Bitcoin Trades Flat | Benzinga
Pseudonymous crypto expert DonAlt has expressed concerns over the current state of the cryptocurrency market, highlighting its apparent lack of strength.
"It’s quite surprising that we had this sharp of a drop," DonAlt said in a video shared by The Daily Hodl.
Cryptocurrencies — Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH), Shiba Inu (CRYPTO: SHIB), and Toncoin (CRYPTO: TON) — are trading flat with losses of about 0.6%, 0.1%, 1.3%, 7%. Dogecoin is trading up about 0.9% on Tuesday morning.
"Given that that whole thing was expected… even if we had a drop, we would rebound quickly because it’s a bulls--- drop," DonAlt said. "You would think that reverses quite quickly, but so far not the case, which makes me think ...