What is going on in the minds of currency lovers this weekend? Touching grass? Planning for the summer vacation?
No, today, Sunday, April 6, the minds of most participants in the encryption market, based on the social media full of it, threatened with the idea that tomorrow may turn into a “black Monday” not only in the traditional market, but for bitcoin (BTC) and other digital assets as well.
Arthur HayesA famous speaker and former Cryptocurrency Exchang bitmex, his fans also ask the question with these two fateful words in the formula. For the expert, all eyes are at 6 pm GMT – the time when futures are opened on the S&P 500.
However, the important thing is the time when it will be in Asia when it opens the United States market. And since Bitcoin did not do much during the weekend, there is little to zero to tell the market the way things will be abandoned.
Hayes analysis concluded, it’s a war fog at the present time around the markets. However, it is a major one, there is an understandable deadline when traders will eventually face reality.
Related
Another “Black Monday” was seen in 2020, March 16 to be accurate, and this was the second in that month – and it is one of the most difficult days in the history of the market, which occurred amid the escalation of the epidemic and stagnation. Some analysts say that this is the worst of 1987 with transparent numbers.
With tomorrow’s approaching, it should be noted that some black Monday days had a temporary impact, while others were the real crises sects as in 1929 and 2020.
