Interesting how we come right down to the 1.618 Fibonacci level at $30,000 during this current Bitcoin crash. If we continue further to the downside we'll be going back to lower $30,000 levels. If we regain momentum back to the upside Bitcoin will probably go right back up to the 2.618 level around $47,000. We're trading dead in between two critical Fibonacci levels. I don't believe we will be trading in between the 1.618 and 2.618 levels for too long. Just my personal opinion.
There's tons of volatility right now and the market is very spicy. Another Elon Musk Fear, Uncertainty, and Doubt tweet could easily send us further down. I'm personally not too fond of people that spread negativity and pretend they're going to sell Bitcoin but continue to buy it. I tend not to trust people that exhibit those qualities.
Much peace, love, health, and wealth.
There's tons of volatility right now and the market is very spicy. Another Elon Musk Fear, Uncertainty, and Doubt tweet could easily send us further down. I'm personally not too fond of people that spread negativity and pretend they're going to sell Bitcoin but continue to buy it. I tend not to trust people that exhibit those qualities.
Much peace, love, health, and wealth.