Look at that btc chart on weekly basis.
This is a parabolic run!
Do you really think this daily retrace is bad? We could lose %50-60 btc value in couple days if this kind of growth continues.
We need a price consolidation like we see in weekly chart and sometimes retrace is needed in order to avoid huge sell offs!
Price action needs to cooldown a bit.
This is a parabolic run!
Do you really think this daily retrace is bad? We could lose %50-60 btc value in couple days if this kind of growth continues.
We need a price consolidation like we see in weekly chart and sometimes retrace is needed in order to avoid huge sell offs!
Price action needs to cooldown a bit.