The question right now on the minds of many crypto traders out there right now is "Could the BTC correction be over already?" or a variation of "This is just an irregular B Wave... right?" I keep asking myself these questions as well but I have to say, I smell another dump coming. This rise is very characteristic of the ones BTC has made in the past before a sharp rise of a drop - in this case, looks like a little too much enthusiasm has carried the price this high but volume is drying up as BTC is inching towards $7500. Its likely that FOMO can make the take is to $7550 or even $7600 (I'm looking at you BullMEx...) but as BTC corrections only seem to be truly complete after the 200MA touch on the Daily, I'll keep holding my breath for a better price to scoop some more coins up. Taking Profit for now.
Kommentera:
I'm seriously starting to wonder if i'm turning into the anti signal. BTC just won't quit. Straight up defying gravity...