Next 48 Hours to Decide Crypto Market’s Fate — TradingView News
It will be clear in the next 48 hours whether the recent decline in Bitcoin and the cryptocurrency market as a whole is the start of a long-term downtrend or a temporary technical flush. The short- and midterm price structure signals show mounting tension beneath the surface, as volatility subtly increases before more significant movements take place.
Steps to normalization
Only in retrospect do most traders identify a crash. Finding out how market stress builds up before it breaks is the key to differentiating between anticipation and reaction. Data from the recent sell-off and the August all-time high show how Bitcoinvectors Flash Crash Alerts can differentiate between deeper structural weakness and temporary stress, in order to detect…