Well, the shenanigans continue. It looks like that possible shakeout that we spoke of yesterday wasted no time showing up. It was announced today that China has banned all #crypto transactions for the 1,000th time. This has caused a bit of a crash in the market…..or so it seems. On-chain data is showing that #BTC accumulation is still happening.
That’s right. While all of the weak hands are panic selling, the smart money is buying #Bitcoin like hotcakes. Always remember that aside from this being a war for the control of assets, this is also a war of the minds. You must now be more calculated and intentional than ever before. From now until the end of the bull run, the dips are nothing more than manipulation, and a blessing in disguise.
It is highly unlikely that we’ve topped out. Right now, there are two types of retail investors: the fearful and the fearless. Which one are you? With that being said, relax and enjoy your day Fam. It was never promised that there wouldn’t be any slight detours, but we’re still on the road to crypto Valhalla. Also, be sure to tune in later for the alpha that’s coming!
✅ Follow EllioTrades on Twitter:
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
source