Hogs gettin' hoggy. Seriously, we had two flash crashes on separate exchanges inside the same week. It's probably going to hit 490, but we aren't breaking 500 tonight and we'll probably swing down a few more times.
how low do you think we'll go?
We may have hit the actual low, but it's crazy to think we won't retest it. Who knows, maybe I'm wrong and am missing out on an opportunity.
My thought is this -- too much damage done this week to Bitcoin's brand... too much happened.
At the same time, the damage wasn't so catastrophic -- like a drop to the 200s or 300s -- where you'd say this is clearly it. So, with that fact pattern... can't imagine we wouldn't be testing the lows today. Seems like a giant bull trap.
Stop doing drugs, buy BTC , sleep.