Is this really even news?
Let's make this quick: Please look at BTC over the past weeks. It takes zero TA to show a correction was imminent. When you hear people saying that the chart resembles Dec 2017...that should be your clue. That fact that BTC and the rest of the crew are down double digits shouldn't even be news today - it was pretty obvious this day was on the horizon. And in my own personal opinion, this is not a correction...we went parabolic on the way up, a correction tends to go the other way so "buy the dip, buy the dip, buy the dip" sounds like you forgot about alllllll of 2018. If you buy the dip, have a strategy. Personally, I don't think we stop here.Was I the only one hoping BTC corrected? Too inorganic, people. You want this baby to hit 100K, then let's do it the right way.
Sure, it can resume the parabolic path, but a correction and consolidation to the $5000 region would shake out the weak and bolster the strong.
Also, if Alt Season is now on the way - awesome, let's do it! But remember...the market feasts on your emotions.
Anyway, just wanted to post this because the news and YouTube were bugging me with this "crash" frenzy. Shape up!
This is not financial advice. Best of luck to everyone!
Sure, it can resume the parabolic path, but a correction and consolidation to the $5000 region would shake out the weak and bolster the strong.
Also, if Alt Season is now on the way - awesome, let's do it! But remember...the market feasts on your emotions.
Anyway, just wanted to post this because the news and YouTube were bugging me with this "crash" frenzy. Shape up!
This is not financial advice. Best of luck to everyone!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.