RE: Friday Finance 1/27/2023: Tom Petty knew what's up
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The waiting indeed never stops and we somehow still can't get used to it lol. It's hard to decide where the market is headed next but I have a feeling that it's a bull trap albeit a kind of long one. The events in the coming weeks will play a decisive role in influencing the direction the market takes.
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Yeah, we could go sideways from here for a bit. I still think we have a big drop coming up, but I have seen people say we won't go below $20K again. People also said we would never go below $40K again when BTC was up to $60K too...
That's what I think too. It will be a 'sideways journey' for awhile. Hopefully, it will be upwards after that :)
People are wrong most of the time. The market has a mind of its own that we currently can't decipher lol.
I think your last sentence sums it all up pretty good. I don't think anyone knows what is going to happen and if they tell you they do then they are full of crap. Of course after the fact they will be the first to tell you "I knew that was going to happen".
Lol, it's typical of them, acting like nothing happened in between.