📉All crypto is falling into the abyss🚨🚨🚨
Friends, the market is falling and frankly speaking, so sharp correction I did not expect. 💥🔤 The main impetus of all this was set by the head of the Fed - Powell, who answered the question about bitcoin reserve. He said that the Fed has no right to own bitcoin.
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🚨After these words in an hour was liquidated traders more than $280 million. And just 3 days later that number went to $1 billion. 👀What's my plan now? I'll wait until the stock market closes today. Then I will watch, but I haven't bought anything additional yet.
Perhaps we have entered a more protracted correction cycle, where bitcoin will fall very slowly or go sideways, and altcoins will update their local ATL once every 3-4 days, where each time it will seem: well, this is it, this is the time of buyback, and prices will continue to fall.
In such a situation it is wrong to buy red candles. Here you need to wait: either for the final volumes to be released with the price accelerating downward and a large number of liquidations, or wait for a change in the structure on higher timeframes. Therefore, haste can be a mistake
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#BTCNextMove #CorePCESignalsShift #MarketCorrection #MarketPanic #HighAlert $BTC
