This is the 4 hourly chart of Bitcoin during March 2018-July 2018 and today. Looks like we are currently in the green circle below the 50 week moving average (yellow line). We have been waiting what's going to happen if we reach the 50 week moving average again. See related ideas below why.
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i agree and think a similiar pattern like 2018 bearmarket is in play.
H0dle
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i might wait awhile but I'm waiting for that floor from the next drop!
H0dle
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this is exactly what I've been feeling to i rem the pump to almost 20k then to drop then to bull trap everybody thinking it would push through 20k on the 2nd pass just to fall all the way to under 4k