Basically the playbook of the past two years. There is no need to make this complicated:
Regression to the 150 day mean, a 50% to 78.6% retracement of the prior upward impulse is
the lowest risk buy opportunity you can get with Bitcoin.
Have a nice day
Transactions are 'expensive.' They are a 'waste of electricity.' There are dozens of other coins that 'do it better.' Lightning network will 'never happen.' You can't cash out. Technicals are totally 'overbought.' Futures will be used to crash the market. We haven't had a 'proper correction' since...
Here's the deal; The FUD is 'priced in' and it doesn't...
Read the chart.
I forgot to mention on the chart: The "flippening" is real, and so is the BTC segwit panic. As market share approaches parity and BTC's future is propagandized to be "uncertain," ETH will be seen as more valuable relative to BTC. People will WANT to exchange their BTC for ETH, driving prices higher.
A$ has retraced near a DBD resistance level and has arrived with minimal basing along the way. If a bearish D candle comes from these resistance levels, it could indicate a nice swing trade opportunity with a conservative target near .7380.