These dumps keeps coming day after day, btc holding "OK" so far, but is this still all about china? or are we now in the long bear market since 5000 usd?
edit: also people keep talking about this being the best time to buy when prices are low, but in a free market, the concept of "best time" and "low" are relative.
anyone putting absolute bottom below 2200?
Look at previous moves before huge green candles: there's always a smooth, non-aggressive downtrend, then all of a sudden, the big green candle arises. This is because there are lot of mostly pussies out there holding bitcoin that get nervous the very moment the trendline isn't going up. Don't get lost in market noise and hold, we are still on a bull trend if you zoom out and stop focusing on the details. Remember that the devil is in the details and with the bitcoin price this is no different. Market noise confuses noobs into panic selling. Zoom out and hold long term.