I see red, again
And?
Maybe you need to zoom out a wee bit, no? or get your eyes (emotions) checked?
For the moment, it does seem that we are bouncing around between $33k-ish and $41k-ish.. so perhaps there could be some narrowing or maybe bouncing towards the upper-side or the lower side, but we really should not be getting too excited about movements while we are largely in the middle of that.. Of course, when we start to get close to the outer edges of the range, then there may be some reasons to get a bit more excited.
Another thing would be that we have not really been here for very long - maybe a wee bit less than two weeks, and perhaps a week and a half if we want to stretch it out to our first testing $30k, but surely, it seems more accurate to suggest that we have been here since the subsequent bounce and $30k was already tested twice within 4 days or so. So, maybe we take the bounce from those two tests and then we find our lil selfies bound within a fairly tight range just a bit above those test of support ranges so there surely would remain a question whether that $30k support is going to get tested again, but instead, at the moment, we are lofting a tiny bit above that.
So, up or down, ? Who knows? Remember that in 2018 we tested $6k about 5 times before it finally broke in November 2018 - but that took 10 months to play out, really. So that would have been a maxing out of the testing of support in the 70% correction range until it finally broke down to about an 85% correction range of final bottom reaching.
Don't get me wrong, because I am not even close to conceding that we are in the same place, and surely only the fantasylandia fucktwats seem to be proclaiming that we are in a bear market - even while it is way the hell too early to be making such proclamations, from the opinion location of this humble bumble
(and sometimes not so humble, either).So currently we have our lil selfies only a few weeks and perhaps one or two tests of $30k (which is 53% correction) and then we are bouncing around mostly in a kind of 40% to 50% range to stay within reach of testing $30k support again.. but seeming to remain in a bull market rather than transitioning to a bear market yet... but hey never say never concerning if the $30k support can stand if either enough ammunition is available to throw at it and/or those willing to throw such ammunition at $30k are willing to live with the consequences of their not being successful in breaking below it.
I surely don't claim to know, but I am not going to presume that they are not going to give it a good ole boy scout try to see if they can throw more coins out there and maybe even get some other government agency to go on the attack against bitcoin.. and surely the confusion between what the fuck bitcoin even is could be one of the greater abilities to cause downfalls when for example some dumb shit happens with one or more of the shitcoin or their smoke and mirror deceptive affiliates... so perhaps there are greater chances to pull king daddy down, somewhat when some of that nonsense implodes upon itself, but one of the fine and delicate balancing acts is to try to get the market to believe that bitcoin and the other various shit that is lumped together are the same thing because they would not want to have the shitcoins purgening while bitcoin is pumpening.. that would not be a good look for the deceptive and misinformationally-based fucktwats. Better if they all dumpening together.. like one BIG happy family, even though many of us longer time bitcoiners are not getting roped into such inabilities to distinguish the difference traps (even though, surely there are quite a few of us, even in this here thread that seem to want to conceive of them all as the same lovey dovey crypto... what the fuck is that?.. and not frame matters a wee bit more clearly, conceptually
(and clear-thinkening) speaking.
Ive been catching the alt rebounds on those BTC dumps in the AM ... then I check again in the evenings
Who gives any shits?
What does that have to do with the price of tea in China?