BTC is set to drop lower. We have yet to see a reversal pattern. Trend line (yellow lines) is being respected for nearly 2 months now. We keep seeing lower highs and lower lows. I think we're clearly seeing a downtrend Elliott waves here meaning the 3rd wave isn't done yet. FIBs add up as well. 5800 USD area is what my chart is telling me.
BTC is set to go back up above ALL TIME HIGH but it is simply not done dropping yet. This means anyone who panic sells right now is not only losing money from their initial investment but are also missing out on a great opportunity to more than double simply by HODL'ing for a bit longer.
My take on it is if you are already into this trade just HODL don't sell, don't panic, don't take a decision based off of emotions. Be CALM, be PATIENT and be STRONG. The people controlling this market are currently running new cryptocurrency investors to bankruptcy and it is very saddening.
Me and my followers are actively trading this coin and we are being SAFE about it. Follow me on telegram if you want to be updated on this trade.
Don't let the billionaires that run this market take money out of the pocket of honest people like you and everyone in your surrounding. Together we can beat the whales and the malicious bankers. HODL, don't let your friends and family sell at a lost, the green candles and the money are coming back soon! SHARE THIS CHART.
YOU DESERVE BETTER.