I guess many are wondering what's going on with bitcoin? it is really crashing? but where some see  fear others see an opportunity. I was one of the few who sold 95% of my bitcoin at 17.5K, but now the market has again caught my attention. I would explain you why.

1st - We all agree that blockchain technology is awesome so from a philosophical view you should  stand for what you believe, but if you can make a lot of money at the same time would not be great ?

2nd - There is a common saying among traders "buy lows and sell highs". You never buy the rallies up because it frequent happens  late buyers got cough in the initial frenetic push up. Those buyers have to spend a lot of time eating their nails before seeing some gains. Lesson: Never buy new highs.

3rd- Using  simple trading knowledge  you can see BTC chart is during a healthy correction phase this chart will explain  better  than thousand words!!

Maybe i should explain :) Every market is moved by Fear or Greed , does not matter if  is the stock market  or the store where you buy  vegetables. Those markets like the Bitcoin market are move by Human Emotinal Behavior  (Currently affected by the situation of South Korea and China taking the  regulation aspects more serious) and this behavior is reflected in the chart as patterns.  To conclude i am very confident that we will see bitcoin again at 8.5K and that is the price when i will reload my bitcoin holdings. Good luck.. Buy and hold for the 25K.