According to some indicators and current market situation as retails investors continue to sell on support .
short is brewing .
we saw the 10k crash earlier. Could be another one coming who knows.
long term investors are still there.
as pi cycle say we could go below 20k but there is a very little possibility of that as if it would than it will probably go to 9000 for cme gap .
as the current situation bears are in control, no to little volume .
current scenario : 30k-28k => 31k then we either go to 38k or to 18k
gl
short is brewing .
we saw the 10k crash earlier. Could be another one coming who knows.
long term investors are still there.
as pi cycle say we could go below 20k but there is a very little possibility of that as if it would than it will probably go to 9000 for cme gap .
as the current situation bears are in control, no to little volume .
current scenario : 30k-28k => 31k then we either go to 38k or to 18k
gl
Comment:
market would be back in july