RE: Bitcoin Remains in Uptrend Despite Pullback

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Bitcoin Remains in Uptrend Despite Pullback

in hive-167922 •  5 years ago 

It's really silly how people lose their shit over Bitcoin decreasing with some 2.5%. It's as if everyone thinks the 2017 parabolic run was all uphill with no shakedowns. The price needs to correct in order to gather further momentum and if one isn't prepared for those retraces, he'll get cleared out. It's as simple as that. No asset goes only up and Bitcoin is not an exception.

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Yes indeed. I wouldn't want a straight shot up anyway...that just means a more aggressive pullback in the end. Orderly moves up and down are the best!