Hope everyone is doing well on this lovely Thursday.
I wanted to write a blog about the current BTC correction taking place.
BTC has been bullish for months. In an effort to calm people down, this is not near the top of a bubble because there has been too much consolidation as the price rose. If it was truly the top, we would have seen insane parabolic movement, followed by a violent nosedive.
This healthy given the rally since 9k.. and likely a great buying opportunity.
I posted several charts to my Trading View account that have been by the correction. I expect the bounce back to be quite strong.
To check out my charts on TradingView.com, click here.
I agree. This type of dip is a part of a pretty typical pattern and I'm excited for the bounce back. I'm going to be taking the opportunity to put in some new money into several currencies, even some as gifts for Christmas. I can only do a little but gotta start somewhere!
Congratulations @unaveragejoe! You have received a personal award!
Click on the badge to view your Board of Honor.
Congratulations @unaveragejoe! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Haha, good try! Comparing an occasional typo to dozens of posts using words with inaccurate meanings is a just a little bit different. ;)