Niagara falls happened the minute .. good news is that we are finally close to support again...the area close to 2017 ATHs and also 19700 technical support
Usually after the falls we have a 'lake' but hey, this is Bitcoin:
Can it rebound now? a bit Can it rebound tonight? Yes, if rates are not increased by 0,75% but only 0,50% Can it break lower? it can go to 12k but personally i don't expect anything less than 18k.
Tonight could be a great dip to buy..unless Powel decides to go extreme.
In the video we give you prime education about rates and you should watch it.
@Gunslinger2005, people cannot afford staying blind without knowledge and understanding.. so my friend some people are gonna be doing ok (especially people that have some short positions on and they will buy the dip with a plan)... and yes, some will go away and they will be done, the sad reality of life
hougaz
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@FX_Professor, Some are totally ok and having fun. I've been buying since it reached 35k laddering in layer after layer. Every 5% drop, I buy. I still have 30% of my account in cash and ready to buy more. I expected more volume @20k, which makes me believe we will continue going down. If it goes up, I start winning. If it goes gown, I'll buy more at a discount. Some of us use a ladder to go down Niagara Falls and happily enjoy the view of the lake.