Second week of January, every year for the past 3 years has seen a reset back down to the MMA100 (Blue) . Suspect this is gearing up for another similar event. We are now overdue a correction such as historic trends.
Take caution. Prepare for any eventuality.
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Correction far worse than anticipated, no sign of recovery in sight. Big fear and uncertainty surrounding China/Korea markets and their political stance on the crypto space (yes that old trump card once again).
If drops below $9700, chances are its still got a long way down.