I just keep wondering how low we can go. Yet I might not be right with my stance and bear period soon to be over?
So far most TA's are bullish and everybody is looking to get out of bear channel. What if we are not going so fast?
In any case, it motivated me to have a deeper look how things are drawn to us.
If we take a long term trend line into consideration, we still have plenty of room for possible correction.
How that recovery would look like? Vast majority would claim "to the moon" ASAP. Are here bullish signs to think so?
My idea seems to be cold enough to claim - slow with little move every day once done. This is the period when "everybody" calls for Bitcoin's era end.
Nonetheless, It could be even more embarassing for those who entered the market at the very end of 2017 - why BTC keeps lossing its value.
They will sell out, more and more every day once there will be none left. Simple as that right?
I am looking for some ideas you might have arround. Share your view in the comments.
Thanks!
So far most TA's are bullish and everybody is looking to get out of bear channel. What if we are not going so fast?
In any case, it motivated me to have a deeper look how things are drawn to us.
If we take a long term trend line into consideration, we still have plenty of room for possible correction.
How that recovery would look like? Vast majority would claim "to the moon" ASAP. Are here bullish signs to think so?
My idea seems to be cold enough to claim - slow with little move every day once done. This is the period when "everybody" calls for Bitcoin's era end.
Nonetheless, It could be even more embarassing for those who entered the market at the very end of 2017 - why BTC keeps lossing its value.
They will sell out, more and more every day once there will be none left. Simple as that right?
I am looking for some ideas you might have arround. Share your view in the comments.
Thanks!
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Long after I can claim it hit the zone
This has to be FUD targeting sub 6K levels.