ATWAY

It's not the time for chasing bears' dream

Long
BITSTAMP:BTCUSD   Bitcoin
Since last day, We could see that Many people here turned their back from Bulls, and Bears are gain popularity.
The movement BTC showed people last day was enough to make them believe We are in the beginning of the price correction phase, so that Alternative ways which the pessimists have suggested took their heart, I guess.
I also got a lot of questions about cases of corrective waves tho, It seemed obvious The migratory birds would come back to bulls' side or lose their way. Well, Today's price action doesn't look like just some dead cat bounce.
I'd like to tell you guys The trend never made a breakaway from the bull race since it reached 11000$.
In my sight, The shape of correction was just so good to squeeze out BTCs from the market.
Fibonacci retracement ratio 61.8% offered the best buy zone to us tho, the most just waited for a better place for their short positions.
What's gonna do now bros? You just wanna change your position every moment like you used to?
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