Crypto Predictive Analysis for the Week of May 8, 2022 – Bat Country
Bitcoin and all other crypto are still trending downwards while fear surrounding the global macroeconomic environment escalates. Losses could accelerate as cryptocurrencies appear to breach vital demand zones. Many traders and investors are at a great loss right now. The market fear and greed index is now in extreme fear. The negative sentiment is being fueled by massive liquidation volume, which now sits at almost $300 million.