India, Turkey, - we have heard that news but I don't think this is the main reason of the massive liquidations in recent days. Some say it has to do with that unfounded tweet that US Treasury is chasing some entity for crypto laundering.
This looks to be the main reason of the recent dump as the nO proof tweets affected the market that bad.
But yeah, BTC seems to be green now, everything is clearer, the news was obviously a FUD, market is back and has rebounded to $55k or more. So another imminent break out might happen, so let see how it pan out.
But Now it's Bloody bath again , this is the second bearishness happens in 3 days period so what we gotta wait now?
are we seeking for the Bear market so at least the whole second quarter will be the days of the Blood? and the 3rd and 4th quarter will be the Bullishness ?