We are currently sitting at a cross road as we have retraced slightly below the reducing trend formation, but price has come to a bit of a halt and time will tell whether we will fall lower, bounce off or retrace on this level of the golden pocket on the daily fib retracement indicator.
My question for all that are scared or skeptical about the future price and movement within this bull market. Don't you think it is weird that the price is moving lower besides the fact that smaller countries are beginning to accept BTC as a medium of exchange and store of value? in my opinion I think it is obvious that price is being held by whales and institutions in order to accumulate in order to hold large amounts of crypto so when it is incorporated into the financial systems of the majority of the countries ,those who hold the most have the most power as BTC will work the same as gold before the standard was dropped.
Don't be deceived by the mainstream media and accumulate for the long term as you will not regret it, even if your bag drops by 80% see it as a revolutionary buying opportunity. WE ARE AT THE START OF SOMETHING BIGGER THAN JUST A QUICK SHORT TERM PROFIT... WE ARE ENTERING THE FINANCIAL REVOLUTION OF THE 21ST CENTUARY... LET THAT SINK IN..