Death cross has created panic selling. Many people are bearish on bitcoin. I Suggest you all to place stop losses on all positions(long term wale agr average kr skte to zrur krein, kyunki price upar aana hi hai aram se neeche jake).
Jis amount mein selling ho rahi hai aur daily supports mein ek hi level hai jo strong hai aur wo hai $30k-$29k wala. Jab maine pichle crosses ko analyse kiya to I think yahan se death cross mein BTC 20-40% percent gir skta hai death cross ke case mein.
20% ke case mein $30k-$29k par rukega.
40% ke case mein $23k-$20k par rukega ( Highly unlikely, but possible)
"Market is run by people and people run on emotions" - If noone knew what is a death cross, it would not have happened. Fear creates more fear, Greed creates more greed.
