Something to keep any eye on longer term
Once this correction eventually ends, it's going to be a great time to buy
Everyone hates bitcoin and crypto currently, and for good reason.
They have been beat up badly for a year straight now with very little let up.
However, eventually the price will stop going down and eventually another bull market will return.
As long as bitcoin is priced in dollars, and dollars in inflated away, bitcoin will go up in dollar terms.
Check this pattern out:
(Source: https://twitter.com/el_crypto_prof/status/1597209835539693568/photo/1)
It might take a year or more to eventually retest the top of this pattern, but we will at some point.
If you buy the bottom of this channel, it represents a very good return just to the top of the range...
Upvoted! Thank you for supporting witness @jswit.
I think there's definitely a lot of room for bitcoin to go up. Only thing is right now bitcoin is extremely oversold. I would look at right now as a good opportunity to invest in bitcoin due to its price.