All analysis of COVID provide us horrible numbers so i expect at least 1-2 weeks more of downtrend and after that with all the contingence applied from the different countries numbers will get better and also SP will start a slowly recover.
I agree with you, those days were a fake push to get back down. As i see in my country many people is losing their jobs and economy is getting really damage, there is no sense to open long positions right now.
chs2407
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50% Jump in 3 days.BTC has gone parabolic.
A retracement of 50% is imminent..
I was happy, maybe BTC had bottomed.Now i see sub 3k levels.
No long positions till btc trade sideways for a month atleast.