Bitcoin is getting dragged down by panic over GPUs, processing power, & Nvidia hardware fears.
The market is pricing in disruptions that won't last.
Temporary noise equals a massive discount; don't sleep on it - these are buying levels you won't get back.
5.5 weeks of consecutive bleeding.
The relief rally & green candle that are coming very soon will incinerate leveraged shorts & leave people in awe.
Most traders ignore volume & wonder why they get trapped/left behind.
Look at this chart. History is repeating itself.
Notice how heavy vol is stepping in to form the exact same base structure we saw earlier.
It’s no coincidence. Smart money leaves footprints. Can you spot it?
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5 straight red weeks on low volume right into major support & once again people are panicking?
If you’re too scared to buy here, you’re not going to make it in this market.
$BTC
You can already see how the support level had lots of eager buyers waiting
It's normal to feel worried & want to sell when price corrects into support. It's what markets do to people. Having a well-thoughtout plan ahead of time gives you confidence to fight that fear
$btc $ibit
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The #1 thing that confirmed I was actually a good trader?
Not taking trades I "wanted" to take.
Sticking to the structure, rules, and plan set during non-emotional times is what separates gambling from successful trading.
Control your execution, control your outcome
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