Seems that $HYPE is preparing for a correction. As you can see, price action started to slow down and is locally breaking down. Since we have a big cap below, I would not be surprised to see a bigger correction coming.
This chart is looking interesting. In fact, as you can see, $RIVER has just formed a nice manipulation just below that key support level. As long as we hold the breakout level, this should give a nice little expansion!
HODLing has never been so hard. Yes, it’s easy to sell everything and go. But, like anything good in life, nothing is given to you easily. Everything worth getting is hard to get. 🚀
I will never get tired of reminding you of one of the most important aspects of trading and investing: before entering any position, make sure you know when you want to get out. If you enter without a plan, you will for sure get out without profit!
BITCOIN IS GOING TO ZERO. This is what Google’s search trend is saying right now. But That Would Require A Total System Collapse. Not a bad week. Not a 30% drop. Not even an 80% crash. For Bitcoin to actually hit $0, all of this would need to happen at the same time: • Nobody on earth is willing to buy even 1 satoshi • Exchanges, OTC desks, and peer-to-peer markets shut down permanently • Miners turn off their machines and the network stops producing blocks • Developers and node operators abandon the software completely That is not how Bitcoin has behaved in the real world. Bitcoin has survive
Elon doggo, $DOGE, has one of the most difficult charts to read when it comes to entry points. Historically, it has always done nothing for months and then all of a sudden it went on some crazy run. In this case, it's really true: the real money is made in the most boring market conditions.
Lately, #altcoins have been beaten up pretty badly. But at least the $BTC dominance chart is not looking that bad. Perhaps it can start to break down from here and give us a mini #altseason?