When bulls become bearish.
Morning.
Don't look at the market, this chart is old and less than 24 hours.
Current Bitcoin (BTC)
$36,337.71
-6.6%
Even more blood in the street this morning
$30516.23 the next level to watch for.
@optimoomFX is a well respected bull within Crypto and Trading culture.
When bulls become bearish, 🤫👂🏽golden moments.
No boring crab mode🦀 we going through some action, a defining moment on the downside
This might be less of Crypto and more of industry, debt and seasonal bio-rhythms, the global hype to new year then the realization the holidays are over and its back into another year of the 9 to 5 grind of work and school and life.
Finical year end, pulling out to pay TAX, Dow Jones is down (all Decembers gains Capsulated), Big Market Cap Players also taking some stress.
#slowgrind #bearishbull #whenbullsbecomebearish