BTC sudden crash washed millions of shorts within few minutes. Suddenly the market sentiment changed from bullish to bearish which is a natural thing. But I didn't consider this crash a special one because market makers has to play their role. The general people sentiment before crash was too optimistic and bullish, so market took a correction and people started blaming some sorts of news for the correction. Which is not wise, because this correction was due and has to come sooner than later.
Current Analysis for #BTC
In my view #BTC is bullish until we close a daily candle below $66500. Above this level we can expect only upward momentum for the price of #BTC.
Suggestion
If you want to stay in crypto market for a long term then please avoid future trading🙏🙏🙏
Note: No one can analyze crypto market with certainty, so please don't take this post as financial advice.
