Do repost and rate:
Alright, there is a wide spread panic right now surrounding BTC price action - Crash!
Seriously??
Let's take a look at the chart, shall we?
What is happening has nothing to do with crash until we break the support on the daily. As from what we can see BTC is eligible to go down to as far as around $40k area and once that happens we would need to break the parabolic curve on the daily to call it a crash!
Currently we are sitting at around $4700, people just need to go and learn to read charts. lol
From what we can see, same thing has happened in January and this is absolutely normal in a bull cycle.
Chill out guys, but if you want to keep panic selling all your coins because you think the bull run if over, then it's your choice!
