Bitcoin update:-
The second time a dump to 5800$ levels, the market cap just tanking badly and hitting the lowest of all time since the last year!
What's next?
We are keeping an eye on volume which is just dropping like a knife and there are no support or reversal signs so far by looking at the conditions of the market!
There are some chances to break from here and to go for 6000-6700$ levels which can be considered as a bounce and then a drop!
Still, the targets for the short term 5400-5500$ are in the sight!
Not much to say, we will update further later!
