A friend asked me first thing this morning: “It’s hit a new low at $BTC 60. Is it time to buy the dip?”
I replied: “I can’t say for sure, but I can share a few things I’m looking at—the trading volume is 1.8 times the 20-day average, which suggests this wasn’t a quiet move; the current price is 68602.66, still below 71082.
The rest is up to him to decide based on his position size. What are you watching next?
For record-keeping only, not investment advice.
I replied: “I can’t say for sure, but I can share a few things I’m looking at—the trading volume is 1.8 times the 20-day average, which suggests this wasn’t a quiet move; the current price is 68602.66, still below 71082.
The rest is up to him to decide based on his position size. What are you watching next?
For record-keeping only, not investment advice.