It seems to be shakeout time, as the weaker nerved ones rush to the exit and sell low. Where will it bottom, like you said who knows. But I agree - it will bottom out. And when it does, reverse and give us all great buying opportunities before returning greater than before. Having traded markets for many years I have learned to see certain patterns in the charts. So long as the underlying asset is of value (and Bitcoin is) then I'm in still in.
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We are far from done. I was thinking the top was $9k so I missed 50% of the move up but that is part of trading. The next leg up will be giant in comparison. At least I hope.
If monday it breaks 9350 then you can expect some gains.
Anyway, i loved your ambitous attitude to opt out from fiat in your real business.
Have you asked yourself questions like:
I struggled to answer positively to the second one, but i failed! Bitcoin looks more like a commodity or less liquid asset.
Ethereum looks like a platform... ripple... was the nearest one to a currency but... i just don't know yet...