If BTC stays above $7700, there is not reason for panic. RSI is under 30 ( oversold area ), STOCH RSI is also showing potential support so I think that BTC won't dump under $7700-7800. If that is true then double support will be formed and it would be good sign for potential uptrend. When I say uptrend I do not think $20000-30000 but at least back to resistance to test it ( around $9500 ).
Do not panic, even if BTC dump under $7500, it will be next opportunity to buy cheap alts because alts will follow BTC so maybe we will be in big $ loss but now is the
The long term trend seems likely to be good as we have seen sustained long term growth so far. These corrections are healthy.
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Time to start panicking. 😤 🤯 🤮
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