Bitcoin Freaks the Altcoin Market Out - Insane Liquidation!

And here are the coins I have picked up during the rout

Bitcoin

Trading Fam,

Moments like this morning are when most traders (myself included) become exasperated with trading and want to quit. But we have to bring ourselves back with logic and recognize that this is exactly what big money wants. They’re happy that massive liquidation has occurred because now they can step in for the steal. So, let’s take a moment, gather ourselves and our emotions, and think about what might be next.

According to my Bitcoin chart here, Bitcoin simply retested our super strong support of 92k. The alts freaked out and dropped like a hot rock. Many alts are now down over 90% in just 1 month. But remember, as fast as they drop they can rise again. And guess what? Literally hours after this massive liquidation occurred, the market gets this news from President Trump.

Almost like this whole thing was planned isn’t it?

Anyway, I don’t expect Bitcoin to drop below 92k. It has had two attempts already and both ended up with huge bounces. That said, I scrambled this morning to pick up some deep deep discounts after having nearly my entire portfolio liquidated. Here is what I’ve found: