The Bears own this market and have been taken it down in a trend cycle as seen on the weekly. It really is hard to see a rebound because the chart shows the Bears consistently allow consolidation and then bring it down. The Longs get weaker and weaker after each move lower. Next stop 3k. If the current trend continues February should be the timeframe to 3k. It's a bloody massacre and to invest this kind of money to go long is questionable to me. I just look to BTC for guidance on all other cryptos!
Good Luck Longs! I hope I am wrong. I have no position but thought I would throw in my 2-cents. Trust me that's all its worth!
Good Luck Longs! I hope I am wrong. I have no position but thought I would throw in my 2-cents. Trust me that's all its worth!
