CRYPTO BUBBLE IS ABOUT TO POP!! *EMERGENCY*
To keep it simple, the total market cap is looking extremely bearish. The scary part is that there is no support below us, it will be a free fall to the downside. (Green shaded area is the target)
Reasons:
1) We are under the demand line.
2) We have formed a CONFIRMED BEARISH head and shoulders. Currently the break point is being backtested for a further drop.
No one is expecting this crash. Please be careful!!
Reasons:
1) We are under the demand line.
2) We have formed a CONFIRMED BEARISH head and shoulders. Currently the break point is being backtested for a further drop.
No one is expecting this crash. Please be careful!!