Bitcoin respected its last strong resistance of 29,000$ now its recovered back to 31,000$ and it looks like its not done yet, pro traders out there where do you think this is heading?
Probably a recovery or yeah another bulltrap was coming again. I remember when bitcoin is only recovering a little bit but it was dumping so hard again. Im sure that bearish trend will come again soon. This recovery was just temporary. If there will be another massive sell again and we are in another disaster.
Is the free fall over or this level won't hold for long either?.
It's not over yet. This may recover slowly but i doubt that if that has become the bottom for this dump. People are still in the extreme fear. Terra luna was making it even worst