I was hoping not to be a bear.. but I'm a bear bear. So I have been watching the price action like a hawk as we had our first minor correction in BTC / ETH. Where are we headed from here?
Let's put it this way, I don't view this as a shake out from 'weak' hands. I'm just doing honest to goodness technical analysis and watching as many videos from the 'experts' as I can. From the time I am writing this post it would seem the downtrend is very apparent.
I cannot fight the bears and the trend in the end is my friend! My money is now on the sidelines and it very well may stay that way for a while. I really do not think this correction is over with. I may be wrong, but we for sure DO NOT have a reverse head and shoulder patter which looked like it was developing but broke down through my trend lines.
We may need to buckle up for more downside.