This is a really emotional moment in the market. Opinions are strong and feelings are running high because everyone has been waiting for this moment all their life
I published an article this morning saying that correction was due and that it can eventually go to a new low or continue upwards in a powerful blast, but with little emphasis on the upside potential. Phew! I should have just said nothing and written a story about one of the many companies embracing Bitcoin, because the barrage of abuse I got for saying price is going down was frightening!
I'll be laying off the analysis for a few days to give the market time to show itself and create some psychological distance. By committing oneself to a direction one creates a certain expectation bias in how you look and what you end up seeing. In an over-confident moment i even dedicated a chart to someone and price ended up trashing the analysis completely, which was the opposite of my intention to give accolades to a colleague.
I'll be around, but won't add analysis because in this moment there are conflicting signals and i'd ratherstay out keep quiet for while.
I published an article this morning saying that correction was due and that it can eventually go to a new low or continue upwards in a powerful blast, but with little emphasis on the upside potential. Phew! I should have just said nothing and written a story about one of the many companies embracing Bitcoin, because the barrage of abuse I got for saying price is going down was frightening!
I'll be laying off the analysis for a few days to give the market time to show itself and create some psychological distance. By committing oneself to a direction one creates a certain expectation bias in how you look and what you end up seeing. In an over-confident moment i even dedicated a chart to someone and price ended up trashing the analysis completely, which was the opposite of my intention to give accolades to a colleague.
I'll be around, but won't add analysis because in this moment there are conflicting signals and i'd rather
cryptocurrency everytime