Everyone was basking in the euphoria of green market yesterday, both…

@Stocker 27 July 2021 more from that month

Everyone was basking in the euphoria of green market yesterday, both traders and analysts. Just when some people were so confident that we are back on bull market, suddenly, we had a flash dump from BTC and other crypto assets. BTC dropped from $40500 to $37000 under 30 minutes.😂😁 Even the analysts didn't see it coming. The $41k level needs to be broken before we could think of setting sight on clear bullish trend. For now, let's apply caution in whatever trade we are doing now. #CryptoTrading

2 comments

b@bestfriendalice 27 July 2021

I see it as normal drop..lets see if it will break the $41K..
U@Ugomarc 27 July 2021

After the recent rally it was bound to happen. There should naturally be a pullback, some people will sell of to take profit. Nothing really unusual. It now depends on how much sell off sre we going to see. I am expecting a retest of previous support. Then we take it from there.