BTC printed a pretty obvious bear flag which would push us back down to ~$5500 level. Its going to be an interesting few weeks. I've had people messaging me asking if this is the end of crypto. Crypto is fine. These are growing pains. We bled out a lot of money, need to sweep low to bring that money back in. Then we need the momentum to push us back up. We've all been there one time or another and the despair is painful. But relax. Breathe. Stop checking your portfolio. Take a walk, spend time with friends and family. Crypto isn't going anywhere. Its going to be an amazing year and you'll forget all about this blood.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.