When sentiment is this awful in a market (#bitcoin, stocks,), we tend to see "FIRE, ready, aim"--meaning, bitcoin is vulnerable to selloff on negative headlines. Technicals also not strong. Does not change positive med. or long-term picture. Patience needed... and perspective.
These headlines further justify the valid threat the Crypto space has created for the traditional idealist. Anyone that's worried are probably day traders or looking for a quick buck.
An ever-expanding crypto userbase means ever more bulls waiting in the wings for bear exhaustion. So they can fly like eagles. Bull-eagles, or Beagles, if you will.
Also, I just got a credit card purchase declined for a litecoin purchase from coinbase. Now the credit cards companies are dictating what we can and cannot buy. Needs to be a lawsuit
Shouldn't you be raising your PTs on S&P500 from 6,000-15,000 to 20,000 and Bitcoin PT to 1 million. Seems legit