This week was very hard for everybody. Almost all of new traders were liquidated and many good traders had big loss. But this dump was very good oportunity to buy bitcoin around 30k and next day sell it on 40k.
We mentioned this crash on the begining of May, you can check our older analysis.
What to trade now? Is importatnt to check bigger timeframes because smaller are not clear and there are many confusing moves. Look at 1W chart - weekly candle looks good now, we will see what will happens on weekly close tommorow. Bitcoin will probably make range between 30-46k for some weeks and then we will see some reaction.
We mentioned this crash on the begining of May, you can check our older analysis.
What to trade now? Is importatnt to check bigger timeframes because smaller are not clear and there are many confusing moves. Look at 1W chart - weekly candle looks good now, we will see what will happens on weekly close tommorow. Bitcoin will probably make range between 30-46k for some weeks and then we will see some reaction.