Just because you are emotionally invested in an asset class doesn’t make it a good buy.
Any half decent trader can see it’s fucked on every possible time scale. It doesn’t matter if it’s the Jews, the Pope or Adam Smith doing it, it’s fucked either way.
Here’s a hint: if you want to make money you have to shoot the dogs.
So any idea what triggered the dump? Coinbase volumes were up like 60x during the worst 15 min candle, But I can't tell if that was cause or effect. Didn't happen on my watch.
From a TA perspective we broke the parabolic curve. Cause or effect? /shrug