Why The Bitcoin Crash Is Not Over! (Crypto Bear Market)
The recent Bitcoin crash has left its price just below $30,000, however there is still more possible downside to come for crypto. A bottom does not form in the Crypto Bear Market in a few days or weeks, it takes months to play out. There are also a plethora of bearish catalysts headed into the summer from inflation, rate hikes, lack of retail liquidity/interest, and global supply chain issues all having an effect on the global economy. This makes it hard to see any type of bullish momentum in the crypto market. In this video Connor shares his outlook for the crypto market for the next few months and key prices levels to watch for!
Timestamps
0:00 Intro
0:45 Crypto Market Overview
2:16 Factors Effecting The Crypto Market
3:08 BTC Technical Analysis
7:10 Closing Summary
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