LOG Scale is my tool
While watching BTC now testing it's 6K supports, I hear many excited voices around.
Is this the END? Will it never turn back?
I watch all this craze while staying very calm, and without any worries.
Because my main tool shows me - there is nothing at all to worry about.
MY tool is - total marketcap graph in LOGARITHMIC (LOG) scale
It shows me that all the perfectly normal, we have left the serious over-buy area in DEC-JAN, and things are back to normal now.
The trend in LOG scale clearly remains UNBROKEN, and it helps me to understand where we been, where we are, and where we are heading too.
I certainly remember well much worse days, much worse. And not only once, since I'm in cryptos. I am here since 2012.
Would I worry, if it drops much more? Probably.
If BTC goes back to $100-$200, then yes, there would be some reasons to worry.
But what I would do then finally ?