Kill'em All

...and there are still people who complain that BITCOIN is no longer as volatile as it was...
You didn't want volatility? well there goes a good one.
Have you ever heard the great Metallica album "Kill'em All", well that's what I've been singing in my head while I saw how everything recovered by BTC in about 25 hours vanished in almost 4 hours.

Believe it or not, volatility is not a bad thing, it is something inherent to the very nature of Bitcoin and will continue to be so for a long time.
In another order of things, I have to admit that it is difficult to stay Bullish in the medium term with the situation we have.
On the one hand, Bitcoin is mimicking the stock market, which in turn, is "catalyzing" all the disasters that have come recently and, of course,... those that are yet to come. The runaway inflation of all countries is going to put the market where it belongs and it does not seem that BTC is seen today as an alternative to mitigate it... I think that there is still a long way to go before the general public recognizes this quality.

Also, to finish it off, we have an exaggerated hourly trading volume, but only when it is sold, when it is bought, the volume remains "normal" or even very low, which denotes that there are many bears waiting for the lunch...
This series of "visits" that BTC is having to the "Conflict Zone", aka $40,500, followed by the consequent reaction of the bears, does nothing but scare the few bulls that still remain with positive sentiment... So, sometimes, it is best to go down a rung to gain momentum and go up the whole ladder so, I think this is what will happen.

Hopefully I'm wrong but it seems to me that we are going to retest the $30,000 in a very short time and from there, well, we'll see what happens but I start to have "Deja Vu" from the times at the end of 2018...

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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