@RonSwanonson Except that every time it was a reaction to a black swan event in a general trend upwards. And today, it'd gold and AI, the $BTC narrative has stalled. a lot of investors are not conviced and sell
@TheRealTRTalks BUT WHY ON EARH WOULD ANYONE BUY THOSE ASSETS NOW? Wait for the bottom and step in. Problem: if everyone does that, it's only sales and no bottom
$BTC Analysts try to comfort themselves with magic signals and levels. "RSI is so much oversold, the turnaround is around the corner". In reality, what we are seeing right now is an absolute lack of catalyst. Why would anyone invest in BTC right now?