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Keeping this short:
I think we are breaking out of a big corrective structure. If this thing breaks up, watch the first resistance zone . If we break to the downside, hold ur t*ts.
Later!
I think we are breaking out of a big corrective structure. If this thing breaks up, watch the first resistance zone . If we break to the downside, hold ur t*ts.
Later!
The only difference is that people forget that market moves (impulses, corrections) are relative to eachother. Example: If gold moves up 20%, it will correct atleast 10% of that move, you will hear nobody screaming 'markets crashing'. Relatively speaking, its the same with Bitcoin. It corrected 50% of the move it made in 2017, which is a normal correcting.
You cant expect something that go's up 2000%, to correct for 5% of that move. That would mean that Bitcoin will trade for a billion per coin in 10 years orso.. -,-'