This is my analysis take it how you see it. Optimism in the market is bullish at the moment. The bearish market is coming fast and there's nothing we can do about it. The money is just not there to keep the market bullish long-term without a move from long-term holders selling. New investors will not pay the high prices. Enjoy the show
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terra luna crashed the market and now ftx is crashing the market even lower
now exchanges are being investigated over there reserves.
now exchanges are being investigated over there reserves.
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This chart is manipulative and too bullish for the current market. 600.00 to 800.00 average low price is coming before the end of this year. Lower low is coming. I am saying a good average is as said the market could wick lower than 600.00. Examine your charts closely and look at the market of July 2019 and compare. Next 6 months will be bearish with strong selling pressure.
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UPDATE BEARISH UNTIL END OF YEAR
expect more downward sell pressure in the months ahead with
a forcasted low between 400 and 600