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$BTC 'dumped' to 92k.
The flipfloppers will call for 80k, after they were so sure of new ATHs.
Why?
They post based on emotion. Not conviction.
Not us. We analyze. We have invalidation. It keeps us rational.
We go against the horde even when sentiment is against us.
That being said, will 80k come now?
Nothing moves in a straight line, but the first critical level is lost. Expect a bounce at 92k.
Next critical level is the last higher low sitting at 90k.
Losing 90k leads to 88k -> 84k -> 80k.