According to Khabaronline news agency, the fall of 300 billion dollars in the digital currency market in October created a wave of concern among investors, and now the range of 2.5 trillion dollars has become the last bastion of support.
According to Gold site, the total value of the digital currency market decreased by about 300 billion dollars in October alone.
The market, which was trading near the $2.87 trillion level at the beginning of the month, has now reached around $2.57 trillion.
According to the daily chart, the breaking of the intermediate support and the sharp decline in the last days of the month intensified the selling pressure.
The price is now at the lower edge of the descending channel and the long shadow of the last candle shows that buyers have reacted in the 2.5 trillion range and there is demand to buy.
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