No Pain No Gains lol nah in this case for me Bitcoin has already retracted to that $7,500 level it should be at. The rest of the rally to $9,000 was based on nothing other then FOMO. I say we hold around $7,500 - $8,000 till we get some more news and hopefully that news is BAKKT or Fidelity launching if so then look towards 10k
I could see that as well.
Since posting this it looks like we are holding and retracting back to $7,500 level seems like we will be holding here for a bit till the next big thing which I hope is positive lol
Possibly. My guess is that we retrace a bit more than this. I think there is a chance we get all the way to $6k.