MoonWalker777 :
No worries. It will fully recover soon... If it's possible to naked short by scamming shorts , they will, but I really can't say since I'm not too familiar with trading fundamentals and limits of what shorts and hedges can do on Cryptos... However, I do know that smart crypto investors will gladly take advantage of this discount.
SpyderCall :
Looks like a major profit take right before BTC Futures markets opened. There are a few technical factors at play, but I wouldn't be too worried about BTC or ETH yet. So far, this looks like a normal correction. Aside from the fact that it was a very large and abrupt selloff, things are still looking great for the crypto space so far.
SpyderCall :
if you bought last week then obviously you will be worried. but if you can afford to hold, then you should be good imo. Most all crypto are in a very strong rally. Corrections in a strong rally are the worst. Especially in the crypto space
Mikey_7371 :
Kinda hoping for a correction to buy more this week. We could see a good drop with all the fed , inflation stuff going on this week as it’s the perfect excuse for those who want some profit taking.
Was pretty wild watching it go from 43000 all the way down to 40000 in a matter of seconds then completely rebound
KingNY-Life : Bears have suffered serious losses recently, and now they are rebounding
MoonWalker777 : No worries. It will fully recover soon... If it's possible to naked short by scamming shorts , they will, but I really can't say since I'm not too familiar with trading fundamentals and limits of what shorts and hedges can do on Cryptos... However, I do know that smart crypto investors will gladly take advantage of this discount.
SpyderCall : Looks like a major profit take right before BTC Futures markets opened. There are a few technical factors at play, but I wouldn't be too worried about BTC or ETH yet. So far, this looks like a normal correction. Aside from the fact that it was a very large and abrupt selloff, things are still looking great for the crypto space so far.
SpyderCall : if you bought last week then obviously you will be worried. but if you can afford to hold, then you should be good imo. Most all crypto are in a very strong rally. Corrections in a strong rally are the worst. Especially in the crypto space
Mikey_7371 : Kinda hoping for a correction to buy more this week. We could see a good drop with all the fed , inflation stuff going on this week as it’s the perfect excuse for those who want some profit taking.
Was pretty wild watching it go from 43000 all the way down to 40000 in a matter of seconds then completely rebound