I want to remind people who are panicking over $10k drop BTC only had 4 Red Weeks out of 17 weeks since the run from $28k to $69k.

BTC is still up 100% from May lows. This is just one those healthy pullbacks we needed to flush out those leverage longs. Glassnode tweeted there are almost $12.6 Billion in open interest almost as the same level as March and April BTC bulls are betting for $100k. This bull run still have some fuel left in it, supply of BTC on exchanges is hitting all time low. Whales are still accumulating. BTC 3rd largest whale who perfectly sold 6000 BTC before May crash have bought 1500+ more BTC during this pullback. These shakeouts will always happen just DCA and HODL. Take profits when you can. submitted by /u/naji102 [link] [comments]