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Technical analysis says run. Four years of holding says stay

Bitcoin Reddit

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Monthly candle just closed and it's about as ugly as it gets. A near-perfect marubozu: solid red body, basically no wicks, meaning sellers were in control from open to close with zero real pushback the entire month. Worst monthly performance since June 2022. If you know how to read a chart, you know this isn't a buy the dip candle. This is the kind of candle that shows up right before things get worse, not better.

And here's the part I'm not proud of: I know what this pattern usually means. I've seen this movie before. Every technical bone in my body is saying more pain is coming before this is over. But my conviction in the Bitcoin project hasn't moved, not even a little. I haven't touched my stack, and i'm not planning to, and if I'm honest with myself, I don't think a candle , even one this bad, is going to change that.

So now I'm stuck in this weird spot between what the chart is screaming at me and what I actually believe about why I'm here in the first place. Fear says protect yourself, but conviction says you already know how this story goes long-term. So, iΒ΄m not looking for someone to tell me I'm right or wrong. Just figured I'm probably not the only one caught in that same split right now, trusting the chart and refusing to act on it at the same time.

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