This move has all the echos of the 2021 May crash (breakdown of an ATH range).
Price likely moves to fill the inefficient liquidation candle establishing a new range low. Next you'll get a few months of chop while a new narative forms.
Bulls better pray it's a good one.
This move has all the echos of the 2021 May crash (breakdown of an ATH range).
Price likely moves to fill the inefficient liquidation candle establishing a new range low. Next you'll get a few months of chop while a new narative forms.
Bulls better pray it's a good one.
Starting to like crypto a little again
Shit was vile for the last year or so
Bear markets are the best thing that happen to this asset class, gives at least a couple quarters where discourse isn't retarded, grifty and disgusting
If you have given up lots of gains over the last few weeks don't feel bad. Nearly everyone here who made any money has gone to through it before. Focus on preserving what you have left.
The Big Short man himself is also calling out that the Bitcoin Treasury Company model is failing. There is no world where 200+ DATs makes sense. The incentive structure leads to destruction.