After every major cycle we had an 86% average correction down.
This cycle was from $150 to 20000.
In what world is that Healthy?
Why do people think that when someone says that bitcoin will go down to 1000 they are crazy and fear mongers?
They dont wanna accept the fact that everything can collapse even bitcoin.
I think i am even to optimistic about thinking that...
Whats out for this very complex structure. A lot of people are gonna get trapped in this.
6090 Is a very important and strong support level. Dont be suprised if we get a strong bounce from that.
5524 Is the 0.618 fib lvl from 3k to 14k thats gonna be a really strong support level and i think we will end the bear market on that target.