Monday morning, woke up to see Bitcoin crashing again. The weekly and monthly charts started off with a slap in the face. Although I did mention in the group before about shorting at the 92-93 resistance level, I got too hung up on the precise 933 point and missed the chance, so I can’t really flex about it. But honestly, this drop was kind of expected. A V-shaped recovery from a drop of this magnitude isn’t very realistic. Even if it pushes to 100k this week, it’ll still need a second dip first. Of course, I’m not sure if this is the second dip, but as long as the monthly chart doesn’t break 80k, we can still hold onto a bit of hope for December. The macro environment is gradually improving, but the crypto space seems to be facing systemic FUD. I’ll write another post to analyze this separately.