I took a look at the weekly chart for $BTC , and my heart sank: there have been two stretches of six consecutive down weeks.
What’s even more concerning is that this correction cycle could last nearly half a year, and we’re not even two months into it yet—nowhere near enough time has passed.
What do you guys think: has it turned decisively bearish, or is this just a technical shakeout? I’m leaning toward the latter, but we can’t let our guard down when it comes to managing our positions.
#BTC #Crypto
What’s even more concerning is that this correction cycle could last nearly half a year, and we’re not even two months into it yet—nowhere near enough time has passed.
What do you guys think: has it turned decisively bearish, or is this just a technical shakeout? I’m leaning toward the latter, but we can’t let our guard down when it comes to managing our positions.
#BTC #Crypto
