Desperation of seeing bitcoin above $50000 is out.Many bulls have started to panic and have started selling there positions.
WE can finally tag #cryptomarket in PANIC phase.
Fear -> Desperation -> PANIC -> Capitulation
-> Despondency
#BTC#ETH
Starting to see a little panic in the market. Watching the proud bulls, shifting to bears slowly and smartly.
Still not sure if it's the right time to tag market PANIC.
Will wait few more days
#BTC#Crypto
Just because you and i are long, doesn't mean crypto to not follow its own cycle. If you really understand and are into crypto, you would let the capitulation happen.
I donโt think, people are ready to buy #btc at this point or at this accumaltion range. And those who are holding, have their one hand on sell button(waiting for it to break the support). Once the support is broken. Mass selling would lead to capitulation.