As I called for the imminent drop four days ago with target at 36000, the drop happened and reached much lower levels. Printing a new lower low on the macro.
The dumb money is now trapped. That's only the beginning.
** Waking up in the morning **
- My portfolio is -50%
- I want my money back.
- It's not even worth selling at these prices.
- I'm hoping and wishing.
- I'm frustrated and angry.
- I will hold
--> The market will now continue to detox until all these people capitulate.
For arguments why 20k support will not hold, check my previous entry.
If you're still in this, sell immediately. It's not going back up.
The best you can do is to sell immediately.