✴️ BITCOIN DROPS 25% OVERNIGHT! IS THE CRYPTO PARTY OVER? 🤷‍♂️

in #charlesfuchs6 years ago

BITCOIN-CRASH.png

What's up STACKERS!

When it comes to Bitcoin and Cryptocurrencies Prices, one must always try to keep his and/or her emotions in check. 😢

It's still currently the wild wild west and every crypto is a very speculative play. We tend to get excited when it pumps up and get sad when it dumps such as Today. 📊

I posted several times in past few weeks that Bitcoin is somewhat going parabolic since April 1st, 2019 and be prepared for it.

What must come up... must come down at one point. 🤦

Did this 25% pullback surprised me? Hell NO! Bitcoin tends to have huge corrections of 30%-50%, even during bull runs such as 2017.

Here is a chart I posted Yesterday about Bitcoin.

download.png

Bitcoin hit the $13,900 and it was flashing in my "Short Zone" on my charts and a few hours later, the debacle happened and went as low as $10,380. 📈 📉

Here is the chart as of right now:

bitcoin-chart.png

Will Bitcoin hit my buy targets of $7,000-$8500? Maybe, maybe not? This would be a 40%-50% correction from the swing highs. 😲

Some traders are stating that we just entered another "mini bear market" for the next 6 months before we will be making a new highs later into 2020.

WTF, Another Bear Market Again! I'm not saying that we are, it's just too early.... I rather be a bull because it's more fun that way hahaha

This "Cryptocurrency World" is so insane... it's worse than gamblin' on the Las Vegas Strip during a Saturday night. 🤣

I'm not going to do any predictions, I really don't care. I like to make it simple when speculating into anything, just buy low... sell high (take some profits). 😎

Be careful out there and like always ....

Keep On STACKIN! 😎

~ Charles Fuchs

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I ain't heard no fat lady singing, so wet should be alright :0)

She's having gastric bypass surgery, so she'll be out of commission for awhile. :)

Hurrah for that!!

She be out for couple of months 😋

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Agree!

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The fat lady was singing at $3150 in December 😂😂

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Hey Charles, I've joined the Pi network with you. Any news on that project? 😉

Awesome! I’ve built a team over 400+ so far! Now all you have to do is tell all your friends about it 🤑 http://minepi.com/stackin

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400 people? I just can see you in the app...
I thought if I joined your group we all will get benefited, not just you as a referrer. Is it how it works?

You have to bring friends in... anyone they bring in will be on your team also 😀

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🙌🏼🙌🏼

Thank god for bitcoin dropping, lets them sweet alts climb up a bit!

When steem $7? 🤷🏼‍♂️🤣

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Not for me this makes a good time to start buying again ;)

You buy and send them to me for free? 😳😬

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You know it! 🤣

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Thanks for the update. Was curious what was happening i the wild west of BTC. Now i "know" 😂 hopefully the bright lights are treating you well $$$

I’m just buying very small everyday 🤑

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What's a small bit to you? There's just so many different coins to stack! 😱

The party just started baby lol💎🍾💎

It was the 5th wave upwards (maybe 4th)... SOOOOOOO predictable to short it 2 days ago.

Healthy correction in the crypto-space.

It was the 5th 🤷🏼‍♂️😂

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This party is about to kick all those weak hands hahah

Need more weak hands so I can buy the dips 😀

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