I'm not very popular on Tradingview yet, but I was one of the first ones to call this a FOMO induced dead cat bounce. I also called the drop to 7900. As a full time trader it's my job to find the most probable outcome without being biased to the up or downside. If we look at the Line break chart we can see that we rallied up like the last bull market into a double top then a massive drop blow off top. I do think we it's possible we bounce from here but not probable I believe that we're headed down to the 6500 range for starters, then who knows I see market cycles like this all the time in stocks and forex. emotions are a money killer guys don't be fooled by your favorite youtube channels feeding you hopium... ANYTHING can happen, expect the worst and hope for the best there is no guarantee that BTC will hit a million dollars or even 20 k ever again I hope it does and we all get rich remember I own BTC too I want lambos and private jets but unless your ready to play both sides you'll end up with a Pontiac flying coach.
I hope this reaches the ones who need to read it, and if u like this please give it a thumbs up and follow me for more...
I hope this reaches the ones who need to read it, and if u like this please give it a thumbs up and follow me for more...
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