rahimdavis

Think about market consolidation and also think of AMC vs BTC

COINBASE:BTCUSD   Bitcoin
A big reason that no one is talking about the reason why crypto has adjusted its price is kinda 2 fold. First off since the pandemic bit coin is up 1200 percent. you heard me 1200% there is not a stock on the market with this gain potential in years......But also alot of big whales have money connected to hedge funds as well as exposure to bitcoin......AMC is making them have to liquidate other assets to cover the coming losses on the short squeeze that will happen. Dont fret its a miniscule market adjustment not a crash ....As French Montana would say ....DONT PANIC.....If you look at the channel this will probably continue down to the mid 30's before returning back to higher highs.....the price has to cool off to sustain its drive upwards....nothing shoot completley straight up and because it has a high implied volatility the corrections will be more wild and larger than most assets on the market. Buy dips but also dont just sit there and watch yourself lose money weigh your fees of selling vs hodling and make the best choice.......

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