⭐ Merited by STT (1)
I wish I had seen this thread earlier to pitch in. To me it was obvious, we all saw what happened when CME launched at the peak of the 2017 bull market.
Not forgetting others "launches" such as BSV have been detrimental to the price also. Ignoring the price target, here's a comparison of previous "launches".
Hence I always anticipated a dump from the bakkt launch, predominantly because it was a perfect bearish set up technically speaking:
To anyone who bought into the hype around $10k I wouldn't panic though. Remember those who bought into the bearish conditions of 2018 at $6k?
They are doing just fine now and if anything are waiting to double down on their positions
Not forgetting others "launches" such as BSV have been detrimental to the price also. Ignoring the price target, here's a comparison of previous "launches".
Hence I always anticipated a dump from the bakkt launch, predominantly because it was a perfect bearish set up technically speaking:
To anyone who bought into the hype around $10k I wouldn't panic though. Remember those who bought into the bearish conditions of 2018 at $6k?
They are doing just fine now and if anything are waiting to double down on their positions