Yes, that's right, crypto is dead.
From a week ago to now, the market has been pole-axed.
Blockchain is no longer revolutionary, it no longer offers hope for the unbanked or the prospect of decentralized peer-to-peer money and sound money.
It was all a scam, nearly a trillion dollars poured into hot air!
It's sure to go down another 40% tomorrow, and the day after!
How could I have been so stupid?
Ok, on a serious note, we looked to have got the break we were expecting from the triangle formation. Unfortunately, it turned out to be a break lower. Yeah, that sucks...
However, we're in serious bear market territory for Bitcoin now, down by over 40% in the space of a month, taking the market cap under $200b.
In times like these, it's important not to panic. That's not to say you can't sell if you think things have genuinely changed. But ask yourself:
