I'm expecting to see #BTC going sideways, simply mimicking the latest triangle patterns. Although slightly stronger than previous ones, the dip shouldn't last longer than a few weeks. This is my estimate, I could be terribly wrong since nothing with this market is rational and intuitive, haha. For real!
It's not a bad thing to experience minor pullbacks, just to make sure how fragile the market is, and from what I understand, the market is pretty solid. We can/t expect only UP, there has to be consolidation before moving forward.
Have you noticed how fast the sentiment changed, from extremely bullish to overly bearish - overnight haha.
You shouldn't be worried too much unless you're trading margin, which I wouldn't recommend at the moment haha. However, In case you're overextended, add some funds just to save your position in case things go wrong.
The most bizarre thing is that $DOGE doesn't give a shit of how the rest of the market feels. The meme lord has spoken!
What most don't understand is that ELON can easily pay a couple of millions to devs to build a better, more robust system. Money shouldn't be the problem.
What matters tho, is the COMMUNITY!
Yea, yea, it's not decentralized - who gives a shit?
At this point, the appreciation for decentralized projects is low and that's ok. It's not like I'm surprised, uuuu the market is irrational, uuuuu I'm fucking shocked.
Let's take a look at some of them (all leading the bull market)
#BSC is centralized, but it solves legit problems. No one gives a shit about transparency or security, what matters is liquidity, scalability, and access to the financial world without having to pay $60
for a single fucking transaction. lol
#DOGE is centralized and yet the meme value overcame the technology.
#XRP - Well, you know the story.
I could go on, but you get the point, right?
Decentralization will matter over time. The same way as DEXes slowly ate CEXes - the same will happen with everything else. Until then keep grinding, regardless of how frustrating and boring it is.
Play smart boyz, the situation will be quite different in the months to come.
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