Bullish Emotional Outlook on BTC

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Greeting everyone! Friendly Squirrel here reminding hodlers not to panic on our current situation with btc . We have to understand that this is a much needed and healthy correction for all of crypto world. As you can see from the daily, bears are clearly exhausted compared to the last drop to 6k we had in February. Alt coins didn't drop as hard as before as well. These are all clear signs that people are having more confidence in btc/crypto and are ready for a nice and juicy jump upwards. :]

On the flipside, I do believe we are in need of some good news for us to switch to bull run mode. TA has become so useless in our current situation due to media manipulation. At this point, we are better off judging the price fluctuation of btc through emotions and volume .

Stay wise folks!


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