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Recovering From Another Defi Disaster - Crypto & Coffee #0111
nOt much have change since Bitcoin drop to $8800, suddenly after a reaction from a drop on traditional markets Bitcoin suddenly drops to $8800 and the entire social media becomes bearish even when Bitcoin is still holding the ascending triangle and above indicators, it all seems that the health situation around the world wont impact markets again and governments keep printing to keep markets up float and take in consideration that this drop on the markets may never come to reality, its not being over positive is just buying and selling based on the reality based on whats going on and how markets are behaving, everything looks irrational atm and Bitcoin remains positive, yes a drop to $8500 has been on the table for months and right now is not the time to short because its more possible for it to go up at least to recover some territory than to keep drop when it has touch now three times the bottom of the triangle with strong support around $9k
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