Overnight saw heavy selling volume step into the Crypto Markets. Fears that US sanctions against Russian Oligarchs could change the dynamics of Cryptos is causing a massive sell off. This could be a truncated C wave for Bitcoin or a small further rally. However, for the short term future, the outlook for Bitcoin remains bleak.
News:
Cryptos Crash As Russian Sanctions Ripple Through Markets:
https://www.zerohedge.com/news/2018-04-09/cryptos-crash-russian-sanctions-ripple-through-markets
