The volatility in the crypto market is very high. There are too many traps..
While the bear trap was set 2 days ago, now the bull trap can be set. We should not trust the fake movements of this market. If we look at the macro, there are bad banks in the USA and inflation is high.
Bitcoin price touched 19500 USD and going up very hard. It is time to kill longers and shorters...
They will print more money to bail out the banks, but what about inflation?
I think they can not print money and they will raise interest rates. So, we we will see hard bull trap on crypto market.
We will not forget this March as covid crash on 2020.
Or we will see same move as covid crash?
I dont think same scenario...
