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RE: Bitcoin (BTC) Evening Update: A Wedge Embedded Within a Wedge

in #bitcoin6 years ago

Anyone wonder why everyone keeps guessing where its going? Welcome to bear market. Bitcoin had 2 years of bear market before, then 2 years of bull run. Now we want it at 30k already. How many times has TA disappointed you lately, I can bet alot lol! Because thats what big corrections do, they fool you. This trend is here to stay for a bit, dont expect moon anytime soon. People made so much money during the last bull run they will wait until they feel like buying again. Stock market is down so I wouldn't be surprised people took their profits and are picking up stocks on the dip now. Anyways save your cash, enjoy life buy back when bull run is clear. You shouldnt be afraid to buy higher as long as we are in the new bull run. But I think we will continue to go down slowly and consolidate. Don't expect 30k by the end of the year. Some people will always show you the moon!

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