It’s pretty clear that $BTC is stuck in a tough spot right now!
You could say it’s strong, but it doesn’t rise much when it should. You could say it’s weak, but it always manages to hold key levels even while the Nasdaq is still falling.
That’s pretty interesting!
It’s struggling to rise, but there’s support at the bottom. That’s the current trend—basically a typical weak, range-bound market. In this kind of market, either stay out or, if you do trade, take your profits and get out. Be sure to set a stop-loss!
Only buy near the bottom of the range, and take profits as soon as you have them. Whatever you do, don’t chase the price up or panic-sell when it falls. Do that a few times and you’ll lose both your confidence and your capital 😭
These are lessons I learned the hard way 😂 Buy the dips and sell when it rises. I think it’ll keep ranging for a while. I’m just worried that if U.S. stocks keep falling, $80,000 won’t hold forever. But if U.S. stocks stabilize, then holding above $80,000 shouldn’t be a problem!
You could say it’s strong, but it doesn’t rise much when it should. You could say it’s weak, but it always manages to hold key levels even while the Nasdaq is still falling.
That’s pretty interesting!
It’s struggling to rise, but there’s support at the bottom. That’s the current trend—basically a typical weak, range-bound market. In this kind of market, either stay out or, if you do trade, take your profits and get out. Be sure to set a stop-loss!
Only buy near the bottom of the range, and take profits as soon as you have them. Whatever you do, don’t chase the price up or panic-sell when it falls. Do that a few times and you’ll lose both your confidence and your capital 😭
These are lessons I learned the hard way 😂 Buy the dips and sell when it rises. I think it’ll keep ranging for a while. I’m just worried that if U.S. stocks keep falling, $80,000 won’t hold forever. But if U.S. stocks stabilize, then holding above $80,000 shouldn’t be a problem!
