I see hystery all over the social media. And I am saying - please calm down. As you can see daily charts of the all cryptocurrencies are below or at the edge of long (200 day) and mid term (100 day) moving averages and they are clearly TRENDING DOWN! Until those two are not broken (and daily candle will be closed above them) we are not out of main downtrend. Did bear market bottomed? Maybe yes. Is bear market over? Absolutely NOT!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.