Since cryptomarket cap hit $832billion early last month, there is a severe correction in crypto prices. Bitcoin down from 20K to 6K and same has happened to each crypto's price.
But how long more this correction (crash) should last?
I think we have bottomed at around $280Billion market cap and we just need to break above $440Billion market cap. This can happen in next couple of days!
Below is the falling channel pattern for Crypto Market Cap and which I think is a bullish one. Once the market cap breaks this pattern there will be big upswings!!
I am not a professional analyst, but this is what I think personally based on my little charting experience.
What do you think about crypto prices in coming days?
