What's up STACKERS!
When it comes to Bitcoin and Cryptocurrencies Prices, one must always try to keep his and/or her emotions in check. 😢
It's still currently the wild wild west and every crypto is a very speculative play. We tend to get excited when it pumps up and get sad when it dumps such as Today. 📊
I posted several times in past few weeks that Bitcoin is somewhat going parabolic since April 1st, 2019 and be prepared for it.
What must come up... must come down at one point. 🤦
Did this 25% pullback surprised me? Hell NO! Bitcoin tends to have huge corrections of 30%-50%, even during bull runs such as 2017.
Here is a chart I posted Yesterday about Bitcoin.
Bitcoin hit the $13,900 and it was flashing in my "Short Zone" on my charts and a few hours later, the debacle happened and went as low as $10,380. 📈 📉
Here is the chart as of right now:
Will Bitcoin hit my buy targets of $7,000-$8500? Maybe, maybe not? This would be a 40%-50% correction from the swing highs. 😲
Some traders are stating that we just entered another "mini bear market" for the next 6 months before we will be making a new highs later into 2020.
WTF, Another Bear Market Again! I'm not saying that we are, it's just too early.... I rather be a bull because it's more fun that way hahaha
This "Cryptocurrency World" is so insane... it's worse than gamblin' on the Las Vegas Strip during a Saturday night. 🤣
I'm not going to do any predictions, I really don't care. I like to make it simple when speculating into anything, just buy low... sell high (take some profits). 😎
Be careful out there and like always ....
Keep On STACKIN! 😎 Charles FuchsWant To Trade Bitcoin with 100X Leverage? Create Your Free Bybit Account Here in 30 seconds and claim your $60 Welcome Bonus!
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