Ask Leo: Is This The End Of The Bearish Momentum.

The bearish momentum seems Never to end so soon just looking at the chart I still feel this could be the end of the momentum.

For the past few months we have been on bearish Trend on the entire crypto space hopefully we get back to the bullish trend soon. Btc sweeping the low of 18k was scaring for me I never expected that demand zone to be taken out just like that.

I Still have strong believe that this could be the last zone for btc bearish momentum probably we can gain some strength from here and buy up ahead of next year.

We have been on bearish momentum for up-to a year now I could remember when the bearish trend started at the beginning of this year it was just as a joke till now we have not gained that strength back yet.

If it takes one full year to drop down so low I'm thinking if it will take whole of next year to buy up that will really make a lot of sense to lol. But the market doesn't work most times as we imagine. Basically this could be the end of the bearish momentum hopefully.

Thank you for reading my post

NOTE: this is not a financial advice always make your own research before investing on any of my work.

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