when you prove you can tell the diff between shit hitting the fan and correction, I'll be more interested. Till then you're just hodling in the wind
I can prove it but I'm not going to. Looking at Bitcoin's chart, this looks like a typical correction with, as usual, a bit of political and media manipulation thrown in.
Everyone here is a master of the universe. And as soon as that is in doubt, the nick disappears , and they return and start over.
From zerohedge Who yor daddy? "With the crypto market cap now at just $420 billion, total losses from crown to root now approach $400 billion, aka real money."
Standard correction for cryptocurrencies (with all the political and media manipulation) is a retracement back to the 200-day moving average. If it doesn't hold at this level then I'll concede, it's more than a correction.
Standard correction that once again no cryptocurrency bull saw coming..... Every new bitcoin buyer who bought from November into January is now at a loss if they didn't sell any of their bitcoins..... because everyone who bought thought it was going to a million.....