Bitcoin's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.
Bitcoin (any security/asset) maximizes fear when the composite trend falls out of alignment. It's always been that way. Traders' inability to see the composite trend creates the fear. While daily and/or weekly moves against the primary trend, most traders feel only short-term pain. If they entered the primary trend late, i.e. recently bought Bitcoin rather than FLIP 11 months ago, the short-term pain overrides their investment discipline.
The Evolution of the Trade is a highly specific investment discipline that focuses on the life cycle of trends. Trends are born, age, and die. A detailed study of price, time, and energy cycles allows us to map and time the life cycle rather than panic every time there's a hiccup.
Please watch even if you have zero interest in Bitcoin and cryptocurrencies. Bitcoin's movement through the EOT will improve understanding of how other markets work. All markets move through the EOT the same way. They only follow different cycles.
Follow me on Twitter or Facebook for further discussion.
Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.