The new strain is no worse apart from spreading more easily, the vaccine still applies and so theres no greater negative in actual symptoms. Thats the info I've heard, people just have to be more careful not less until they get a vaccine simple as that. I did fear a second wave type occurring but this isnt it afaik
So the sell off is more to do with the market generally taking profits, its risen so much its due for a sell and BTC also that applies. Just a simple look at graph reflects we've topped out the action after reversing possible failure of trend up previously, a pullback is well within range of a positive market.
So bars are weekly, last two bars are the big green for last week and the new one forming now is red as we sell this morning but its retracting within a positive trend.
So the sell off is more to do with the market generally taking profits, its risen so much its due for a sell and BTC also that applies. Just a simple look at graph reflects we've topped out the action after reversing possible failure of trend up previously, a pullback is well within range of a positive market.
So bars are weekly, last two bars are the big green for last week and the new one forming now is red as we sell this morning but its retracting within a positive trend.
Merited for a sensible thoughtful post rather then the panicked “oh my god the sky is falling” that seems to be the norm ...
