longterm. If you don't believe that, stop reading now. This rising channel
is large yes, but consistent nonetheless. When we went parabolic back in January during all the news hype and influx of a larger population we broke out of the channel and BTC
was oversold. The correction we had was healthy and brought us back down to earth and back down to our regularly schedule programming. Mt. Gox FUD aside, we are approaching the lower end of the rising channel
and will soon be done with this temporary bear market. If it manages to fall below the rising channel
, have your fiat prepared.
*This is not financial advice. Invest in crypto at your own risk. Don't listen to strangers on the internet*