🚨 Is the BTC correction over? 3 signs you need to watch this week
Everyone was expecting a bigger drop in Bitcoin after the latest correction, but what’s happening on the chart now is different.
1. Liquidity is back: Trading volume for Bitcoin and Ethereum rose by more than 18% in the last 24 hours, and this usually precedes a strong move. 2. $SOL and BNB are leading the rebound: I noticed that $SOL has started holding above strong support, while BNB is trying to break an important resistance. When strong coins lead, the whole market follows. 3. Trader fear = opportunity: The Fear and Greed Index is still in the fear zone, and historically, this has been the best time to accumulate, not sell out of fear.
My personal plan:
I won’t enter with all my capital. I’ll split my entries in Bitcoin and Ethereum into several installments, with a clear stop-loss. In a market like this, capital management is more important than predicting the price.
Are you betting on a rebound, or do you expect one last drop before the rise? Share your thoughts in the comments 👇
#Bitcoin #Crypto #BinanceSquare
Not investment advice - DYOR
$BTC
$ETH
$BNB
Everyone was expecting a bigger drop in Bitcoin after the latest correction, but what’s happening on the chart now is different.
1. Liquidity is back: Trading volume for Bitcoin and Ethereum rose by more than 18% in the last 24 hours, and this usually precedes a strong move. 2. $SOL and BNB are leading the rebound: I noticed that $SOL has started holding above strong support, while BNB is trying to break an important resistance. When strong coins lead, the whole market follows. 3. Trader fear = opportunity: The Fear and Greed Index is still in the fear zone, and historically, this has been the best time to accumulate, not sell out of fear.
My personal plan:
I won’t enter with all my capital. I’ll split my entries in Bitcoin and Ethereum into several installments, with a clear stop-loss. In a market like this, capital management is more important than predicting the price.
Are you betting on a rebound, or do you expect one last drop before the rise? Share your thoughts in the comments 👇
#Bitcoin #Crypto #BinanceSquare
Not investment advice - DYOR
$BTC
$ETH
$BNB