The price of BTC moves the rest of the crypto market and when BTC drops 10% the rest of the market may drop up to 50%. Therefore here are things that are likely to make the price of BTC go down to about 10-12k and cause the whole market bleed more.
1) Energy consumption during winter gets high and this may make the price for energy increase making it very expensive to pay for by citizen thereby causing an increase in inflation. The Feds may react by increasing interest rates and that is usually a bad news for btc.
2)The stock market is highly correlated with crypto i.e what happens in the stock market likely cause a similar reaction in crypto when it happens.
Experts predict that the stock market will also soon go further down if this happens it will likely take BTC and the crypto market with it as it is more volatile.
3) A potential bear flag is forming on the monthly chart of BTC. Also there are some imbalance that need to be filled which may see BTC's price go down to 11k.
And many other reasons may all together or individually affect the crypto market.
Note: This is not a financial advice, it is just my opinion of things.
How can you react to this?
1) Don't invest in memecoin for now.
2) Don't go all in now instead dollar cost average down.
3) Invest in BTC and Eth mostly as they are more reasonable for now.
