$BTW 5 minutes: plunged 2.73%, currently at 2.2662, with a 24-hour range of 2.2372–2.6888.
True breakouts are often accompanied by high volume, while false breakouts often lack volume. This is one of the indicators I pay close attention to.
My approach to this kind of sharp drop is: don’t try to catch the first falling knife; wait for signs that the price has stabilized before reassessing.
Make your own decisions about buying and selling—don’t just follow the crowd.
True breakouts are often accompanied by high volume, while false breakouts often lack volume. This is one of the indicators I pay close attention to.
My approach to this kind of sharp drop is: don’t try to catch the first falling knife; wait for signs that the price has stabilized before reassessing.
Make your own decisions about buying and selling—don’t just follow the crowd.