RE: After a dip like this, you know that many weak hands were shaken out of the game and Smart Money has just accumulated more crypto for the cheap 🤑
According to history last reversal wasn't straight up. Last july when reversal started It had a nice last bounce from 190 to 237 and it broke right and went down one more time to 188, lets just call it 190. I think there will be a healthy dip soon. slower the better, last one took a week. But if its a large dump its too volatile to be healthy. We might see 220 230 range again soon.
According to history last reversal wasn't straight up. Last july when reversal started It had a nice last bounce from 190 to 237 and it broke right and went down one more time to 188, lets just call it 190. I think there will be a healthy dip soon. slower the better, last one took a week. But if its a large dump its too volatile to be healthy. We might see 220 230 range again soon.