Common sense
Bitcoin, and all other crypto's dropped yesterday. The real reason still doubtful, but most likely of FUD.
Still don't fully comprehend why all markets follow BTC 1:1. I suspect bots. (?)
Still in down channel from 20k, dec '17.
Worse, a steeper down channel formed on 5th march.
Yesterday all cried out "crypto is dead" and/or "BTC is dead".
But what? Even after "crash" still a higher low then 6 feb.
Meaning still in up-trend. (From my opportune view <g>)
What worries is while there was frantic buying action to keep price up during massive sell-off, no additional support was there to bring price back to former level.
On 1D chart today just an up of 100 USD
Volume seems to communicate the story: passive
Sad but true (Metallica)
Ergo: Under bearish control, in plain English: stay out of the fight (unless you what you do)
As long as BTC can
Still don't fully comprehend why all markets follow BTC 1:1. I suspect bots. (?)
Still in down channel from 20k, dec '17.
Worse, a steeper down channel formed on 5th march.
Yesterday all cried out "crypto is dead" and/or "BTC is dead".
But what? Even after "crash" still a higher low then 6 feb.
Meaning still in up-trend. (From my opportune view <g>)
What worries is while there was frantic buying action to keep price up during massive sell-off, no additional support was there to bring price back to former level.
On 1D chart today just an up of 100 USD
Volume seems to communicate the story: passive
Sad but true (Metallica)
Ergo: Under bearish control, in plain English: stay out of the fight (unless you what you do)
As long as BTC can
Penafian
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