Is Bitcoin Crashing ? NOPE
So, I wake up to hear Screams, the Chilling sound of Fear and Loss
But WHY ? So, Bitcoin has Dropped 5% - Yes..Same as it did on 9th Feb...and look what happened there.
But Notice also, on Both occasions, PA came down to the Lower Trendline and STOPPED - PA has done this before and now look at that MACD.
It is near 0 again..This is GOOD. PA also wicked down and bounced off the 200MA
Watch close today. This Silvergate issue may grow, in which case I will reevaluate the situation but for now, BE CALM BUT TRADE SAFE
But WHY ? So, Bitcoin has Dropped 5% - Yes..Same as it did on 9th Feb...and look what happened there.
But Notice also, on Both occasions, PA came down to the Lower Trendline and STOPPED - PA has done this before and now look at that MACD.
It is near 0 again..This is GOOD. PA also wicked down and bounced off the 200MA
Watch close today. This Silvergate issue may grow, in which case I will reevaluate the situation but for now, BE CALM BUT TRADE SAFE
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