The Bears are in the house ! orrrr isss it ??

Its becoming a bloodbath today where almost all crypto are down, but still tolerable by most traders. Considering its a Monday and a holiday in the US and also the celebration of Hari Raya for the muslims , the markets seems uncertain and based on previous years, there is always a dip during this time of the year.

But the question still remains, are we heading for a 7.5k or would this be a bear trap and will spike up within the next 48 hours.

( source )

By the look of this on the longer outlook, it still seem bullish and hopefully we should see a turn soon even though this may not be a popular opinion at this point of time.

Anyways ... this is no financial advise and its just my own opinions. Cheers all and hope you are having a great Monday !