Which I guess was also a coincidence with Elon Musks twitter postings which were perceived to be the major reason for the crypto crash...but this could have contributed but the move was already a work in progress as the charts hinted, eagle eye @Shikha99.
We know there is no coincidence in big events, I'm pretty sure they arrange timing about this. Millionaires don't gamble on stocks like that. The crash was expected, that only helped fuel the fire more.
As of today markets have been bearish for some time which means it's time for an opposite reaction which is to go up !
This is a possibility, but I think it's higher chance to see lower prices next few weeks. One thing for sure is we will see a breakout soon, either go up or down. I prefer to wait some confirmation about new trend before jump in the market.