Many saying BTC going through fractal. History revising with similar patterns and psychology states that the reactions could be the same where chances are we could be going to the upside in the short term. Having said that, there is too much fear in the world of Crypto with the uncertainties and global situations. The BTC fear/greedy indicator is on 11, which represents extreme fear. The lowest seen in a very long time.
Those playing on long or short positions during these unpredictable market trends, becareful and don't risk money that you cannot afford to lose just to make quick bucks.