This Bitcoin downturn is basically the same as the drop from 82 to 57 in June this year: both were straight-line declines on the daily chart, with no pullbacks.
Even during the weekend dead zone, it can drop more than 3,000 points in a day. I can’t imagine what next week will be like……..
Right now, I don’t dare chase shorts or go long. In a downtrend, look for opportunities to short the rebounds rather than trying to guess the bottom and going all-in long. #BTC
Even during the weekend dead zone, it can drop more than 3,000 points in a day. I can’t imagine what next week will be like……..
Right now, I don’t dare chase shorts or go long. In a downtrend, look for opportunities to short the rebounds rather than trying to guess the bottom and going all-in long. #BTC
