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RE: Daily Crypto Markets Live Blog: Crypto Markets Continue To Drop (05/19/22)

in LeoFinance3 years ago

There is a correlation and I tend to think that BTC will be in danger of moving lower if it doesn't close above 30k by the end of the week. I think options expiration is close and by then I don't think some of the investors will want to wait any longer for more buyers.

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I have no doubts it will go lower. It keeps on getting rejected near $30k.

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Yea it's in consolidation stage and if the buyers won't show up, then the traders will probably dump it and wait for a lower level.

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These traders are like sharks...

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