Be Aware Of THIS ScenarioBe Aware Of THIS Scenario
Should we actually break down, which is very possible, then do not panic!
I see that in people who act emotionally, again and again.
You are selling, Bitcoin is actually going down $400-300 and you are thinking that it will fall more.
After a few hours you will see that the price is back above your selling price and that's how the clever people manage to reduce your money.
Mostly, you hope that the price will go down a bit more to buy at least at your retail price.
What is happening? The price goes up and up until you are forced to enter emotionally, just when you are in a correction again.
At my last Bitcoin idea you have seen that I am very uncertain about the current situation.
The question I asked myself was:
Scenario 1: Are we going up now?
Scenario 2: Are we going to make a bigger correction before going up?
Personally, I prefer the second scenario because it would 'kill' the longs again before it goes up.
But I think that the first scenario will happen, because it looks very much like a structure I know.
So, no matter what happens now, I assume that we will go up afterwards and people will be scared.
The market decides.
Note: I'm sorry that I upload this idea for the third time now. Had problems to show both scenarios in one idea to make it clearer.
