I have good news and bad news. The good news is that the fear index is currently at 14 (extreme fear), indicating that the crypto tourists are either leaving the market or holding long-term. The bad news is a sell-off associated with that process. Currently, we're in a descending channel and nothing indicates a potential reversal. The plan is to ride it to 30k$ one more time, create a triple bottom and take off from there. Be safe fellas!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.