Hi guys,
So what to do? Sell low And buy lower? Is the new thing?
Any advice its sinking deeper...
I'd say we are getting close to a bottom. Maybe another $100-$200 down. Then we will move up again at least over a shorter time frame. The big test will be if this is a local bottom or a final bottom were the bull continues.
Disagree. The top is in. ~$3000. It would have been more, but Alts absorbed a lot of the Market Capital on this phase.
The exponential top is crystal clear for anyone to see.
It is just the latest iteration in the adoption curve of BTC and now all Digital Currencies. Look at the long term charts.
The next phase is a fall to around $1000, over the coming months. (Alts will fare much worse).
The next upswing will not be until late 2018-19.