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BTC emergency update 22.11.2019

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@ew-and-patterns
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UPDATE: PANIC MODE ACTIVATED. A low is expected to occur between 6500 and 5000...

This is why I bought more BTC today @7000.

Yesterday I had a feeling this would happen, because the 78% retracement of the last move up was breached.

The count is clear now and I want to put this small drop of today into perspective.

BTC dropped 84,5% from 20k to 3.1k, now 50% from 14k to 7k. Sounds like a good deal to me... I wanted a good entry point, now I have what I wanted, so I HAD to take this opportunity.

We may drop lower, even 5k is possible now, but honestly IDGAF. I will just buy more :D

If you think this to be useful information: Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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