The REAL Reason Crypto Crashed... | Crypto Technical Analysis

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mark.ibasitas
Published
Thoughts on the crypto market for the weekend! We cover the majors like Bitcoin, Litecoin, Ethereum, Cardano as well as some smaller alt coins like Dogecoin, Ripple, and Stellar.

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00:00 - Intro
00:13 - The Real Reason Crypto Crashed
01:50 - Daily Charts
06:00 - BTC (Bitcoin)
07:22 - LTC (Litecoin)
08:14 - ETH (Ethereum)
09:26 - ADA (Cardano)
10:50 - DOGE (Dogecoin)
11:56 - XRP (Ripple)
12:45 - XLM (Stellar)

Thats it folks! We saw the crypto flash crash of 2021. In all seriousness the real reason crypto crashed was due to forced liquidation of over leveraged positions. With literal proof of this on the liquidation site, we know it had nothing to do with the Bitcoin-El Salvador fiasco. Given this opportunity to buy the dip in crypto, we now should wait to see how the dust settles and if we start getting trend reversals on the four hour time frames.

The REAL Reason Crypto Crashed... | Crypto Technical Analysis

#CryptoTrading #Bitcoin #TechnicalAnalysis

DISCLAIMER: The information provided in this video is for informational purposes only. It should not be considered financial or legal advice. I am not a Registered Investment Advisor. Buying and selling financial instruments is highly speculative and carries risk.
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Crypto Trading
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