Okay I’m going to make this short and sweet: Odds have it you are trading the market – any market, be this stocks, crypto, forex, what have you – based on a completely flawed understanding of how it works.

As anticipated Bitcoin has resolved lower and has now reached a possible support zone:

Bitcoin has been pulling back over the past two weeks and is now approaching an important bullish/bearish inflection point.

With the much touted January 10th due date looming investment firms, exchanges, and the SEC have been scrambling to put their final touches on several spot bitcoin ETF filings.