Bitcoin looks bad right now but perhaps all we need is some perspective
Bitcoin doesn't look so good right now, in fact it looks bloody awful, but perhaps all we really need to do is zoom out a bit for some better perspective.
What do I mean by that?
Well, does this still look bearish to you?
(Source: ~~~ embed:1232534757000581122) twitter metadata:c3VubnlkZWNyZWV8fGh0dHBzOi8vdHdpdHRlci5jb20vc3VubnlkZWNyZWUvc3RhdHVzLzEyMzI1MzQ3NTcwMDA1ODExMjIpfA== ~~~
Or how about this...
Does this still look bearish to you?
(Source: ~~~ embed:1232691800638476291) twitter metadata:Q2FyZGFub0lSRUxBTkR8fGh0dHBzOi8vdHdpdHRlci5jb20vQ2FyZGFub0lSRUxBTkQvc3RhdHVzLzEyMzI2OTE4MDA2Mzg0NzYyOTEpfA== ~~~
If in doubt, zoom out!
Sometimes there is some short term pain for some longer term gain...
And it's really all about perspective...
If you are in doubt, you must zoom out!
Stay informed my friends.
-Doc
Thanks for your information. Your information is precious.
Better days ahead.
The Bitcoin market has never looked bearish, ever.
We have to put the damn thing on a logarithmic scale it's so exponentially bullish.
:D
Lol if you zoom out enough, you are exactly right.
You do a great job with your data analysis and I really what you on steemit
Thank you for the kind words!
You're welcome and it looks like it is begining to rebound already
It's a good time to buy some!