H1 graph looking pretty grim... Sell or hodl?
We can see an obvious attempt to ignite panic, but so far it hasn't worked. It's pretty up in the air right now.
Chances are it will be lower at some point over the next few days. Of course bitcoin is notorious for doing what everyone least expects . . .
I expect it to be 400s sometime between now and 4 January.
This is what I have learned from Bitcoin this last week.
10 percent drop is huh wat?
20 percent drop is a squiggle
30 percent drop is a wiggle
40 percent drop is an adjustment
50 percent drop is a correction
60 percent drop is a strong correction
70 percent drop is a crash
80 percent drop is time to hodl
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