Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Last selling cycle before heading to the moon

• The market crash can be read as a last stand before the bull run.
• Market sentiment collapses and shifts in a day from greed to fear.
• The downward movement could continue until the end of this month.

Yesterday's day left us with significant drops along with the crypto board and a radical change in the traders' perception of the situation.

The market sentiment level prepared by the website alternative.me has collapsed and fell more than 40% to level 40. 

The current level indicates that there is fear among the participants, a step before doubt, and that will eventually develop into capitulation.

The strong hands that dominate the crypto market have decided – in fact, they had already made their mind for days – that it is time to buy again and of course they are not going to do it with the rising prices.

The congestion we see in the long-term chart of the sentiment indicator already announced a collapse, according to their typical behavior pattern. In previous situations, this type of collapse in the sentiment level has reached extreme levels of fear (0-20). However, there are no records before February 2018, and we have no references of how it can behave during a bullish market.

Reprinted from fxstreet , the copyrights all reserved by the original author.