bitcorn is accelerating rather quickly into the new moon which shall appear within 3 days.
each new moon, bitcorn dives deeper into the abyss. each time, the bulls will say it's different, and each and every time it leads to the same exact result.
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in my last post, i entertained the bullish path which bitty could potentially take, but it's moving faster than i'd like it to.
it's a lot more probable we take out the lows into the middle of august, potentially wick 13\14k before moving up for real. that might seem like a pretty significant drop for some, but it's just another day in crypto land.
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neither the bull nor the bear case is confirmed for now; it's currently a waiting game. i'm 99% cash since before we even topped out, taking little trades along the way, but nothing too significant until the middle of august comes around.