This chart is telling me that we should start to see selling again soon.
Way too correlated to stocks and there's news of miners capitulating which could lead to a sell off.
If you're a HODLer, good for you, but don't be expecting to cash out all your BTC for millions of dollars if the way we get there is by destroying the dollar's purchasing power. If that happens, you'll need a million just to buy yourself something nice.
If you're a trader, I'd advise taking a little profit unless this thing really starts going up quick the next few days.
Anything can happen, but I don't think we've seen the bottom yet...
(Not financial/trading advise. Simply my opinion on things.)
Way too correlated to stocks and there's news of miners capitulating which could lead to a sell off.
If you're a HODLer, good for you, but don't be expecting to cash out all your BTC for millions of dollars if the way we get there is by destroying the dollar's purchasing power. If that happens, you'll need a million just to buy yourself something nice.
If you're a trader, I'd advise taking a little profit unless this thing really starts going up quick the next few days.
Anything can happen, but I don't think we've seen the bottom yet...
(Not financial/trading advise. Simply my opinion on things.)
