It feels a lot like the market has turned around and is back on the way up. The correction from $30K seemed necessary as you cant go straight up without gathering an unhealthy amount of leverage. I think well soon be testing the $30K level again. Still no reason to doubt ending the year above $40K.
Dunno, the chart below is the default moving average chart on Binance. TA is a self fulfilling prophecy which means that correction just started and the current price movement only show that a pump to 28K is required to retest MA line to correct more.
I want a more dip correction to shake off more weak hands rather than weak correction that will always gonna shake off again once the 30K level hit. I want to see the price sideways on 26K area for a long time then hard AF green dildo to 30K above.
What you want, and what king daddy gonna do may well be two different stories.
In udder wurds:
Best to prepare for a variety of scenarios rather than getting worked up whether the price might go up or down in the short term, when it is a 50/50 call at best in the best of circumstances, and currently there is not really any way to expect "down before up" or that the correction that we just had is all of the correction that you are going to get.
In udder wurds:
Too bad you sold too many coins too soon, you expecting down that might not happen, and maybe, in order to commensurate, join forces with Philip and hope that he may well have sold more than you did and even at lower prices that you did.
Shouldn't be selling coins when we are largely at historically low prices, and if you do sell some, it is better NOT to be expecting the price to go down because you may or may not be able to buy them back cheaper or even at the price in which you sold them, whatever that might have had been.
I just remember this post of mine again after seeing this thread on my show new replies tab. My price speculation that time plays well according to my prediction and I manage to bag more Bitcoin when price dip on the price area that Im waiting since I made this post.
