CRYPTOS Dump As Selloff Continues And Bears Pound MarketssteemCreated with Sketch.

in #bitcoin5 years ago

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Bears arrived again today as we are about to head down and lock in solid losses for the day. After two days of sideways action, bears are pushing markets downwards again to test supports.

The bounce attempts by the bulls was very short and minimal, hinting that it will be all the harder to hold a higher low.

Prices bounced off of $3,481, and need to hold above $3,128. I'm definitely not hopeful or optimistic about this option. Should this support break and we fall below $3,000, I really think we'll be looking at continued pullback toward the $1,800 support.

Hope you all had a great weekend!

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