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Bitcoin's price movement has been heartbreaking lately.

Just forming brand new lows.

Everytime I try to follow these new lows,I end up losing money.

Why?

Are whales controlling the market again?

Is it the trade war between USA and Hong Kong?

Is bitcoin slowly declining only to make a big move towards the halvening?

Or is bitcoin just dying?

I happen to think not.

Here's why.

You see, Bitcoin made a very unpredictable jump from $7k to $10k in less than 8 hours on the same day.

Any market trends to correct crazy,unpredicted moves.

Bitcoin's is no exception.

But this correction has been greeted with lower lows.

Here's today's chart,courtesy of Luno.com

If you have any skills at all in chart analysis, you'd see that a straight line joining the lows is steeper than that joining the highs.

The market is still in it's correction phase.

It's gearing up for an uptrend. 

It just needs a little more time.

Or a slight push.

Or even just a Twitter post by an influencer.

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I also take bitcoin:3JdKzLDTYa4zF3QaBa8VxDWwsYVtVBdVte

And Ethereum:0xD11C13A2923CD9C2117F1dCcE664413f242d2A2E

Thanks for reading crypto digest! Have a great day!