And yet... Planned correction, or "sell on the news"?
Many have already noticed posts from analysts (and those who "we told you so") about how they predicted the current fall $BTC .
But here's an interesting note, yesterday's candle (10/01) on the daily chart closed at "-4%", while the last candle of September closed at "-3.45%".
And yet, most altcoins started to turn red only yesterday. Take the same $TON for yesterday he put "-5.84%".
Although the candle closed the day before at "-2.35%".
The fall is stronger, but it hardly looks like an argument....
And now a smaller version, $FLUX . "-6.14%" and "-9.88%".
Somehow... It's still not right...
Then let's go to the broadcast, here you can already see something "-2.06%" against the background of "-5.94%".
Something somehow, it seems similar, but there is not enough of it everywhere...
The falls have noticeably increased. But nothing more. It doesn't look like anything incredible...
Does everything work out?...
And then there appears... The time period during which the fall occurred. I am talking about the "sizes" of younger candles.
The biggest candle for Bitcoin yesterday (1 hour) is "-1.56%" separately worth noting the volume that was found there ~52k. In turn, the day before you can see the candle "-1.20%" with volumes of 22k.
The argument seems far-fetched, but what if there are several such candles? In a row?
And if not only on Bitcoin? (But you can see that for yourself)
And now we come to the moment of answering the question: "Still. Is this a correction, or 'sell on the news'?"
The answer to this question is quite boring:
Both options are correct.
We have a "planned" decline that only spurred sales against the backdrop of news that intensified it.
It's enough to see bad news and red candles and "That's it, time to sell."
One thing reinforces the other, and now we have reached liquidations, which has accelerated the decline even more...
Stay calm during the storms, DYOR, and happy trading everyone!
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