ππ«π²π©ππ¨ πππππ‘ππ« π π¨π«ππππ¬π Fear is still in the air....but we are no longer at yesterday's extreme fear low, like I mentioned that previous low happened was just before we went up in August. But I might have been to bullish.... because if I look at that chart it also happened after the deep dip in May and a 2nd time a month later after the dip on the 22nd of June and only after those 2 dips to dips into the highest fear regions we went up the 3rd time we hit that extreme fear low. Now the positive thing is that all 3 times we hit the extreme fear low of 10 we dove just below 30K, hence we were not looking at a deeper dive below the previous low... but just another test of the lowest resistance level. Now if I take that as my driver for this next train of thoughts it would mean that 40K can be considered the bottom.... We have tested it once already, and we are probably going to test it once more before moving to the upside. But in desperate times like these itΒ΄s a little bit of hopium knowing we might not dive deeper, and that would mean that the bottom moved from a 30K BTC to a 40K BTC in 6 months' time... and dear friend is bullish....if it holds. For now I hodl and hodl my mouth and get on my knees and pray it holds. #Crypto #cryptocurrency #hodl #dip
2 comments
Today I have no comment about the markets, but thanks for the funny meme :D
A meme a day keeps the crypto pain away