Why I’m watching Bitcoin even when the market is moving sideways 👀
One thing I’ve learned in crypto is that a quiet market doesn’t necessarily mean nothing is happening.
When Bitcoin moves sideways, I pay attention to three things:
1.Trading volume — Is buying/selling activity increasing or decreasing?
2.BTC dominance — If Bitcoin dominance starts changing significantly, money may be rotating between BTC and altcoins.
3.Key support and resistance levels — These can help traders understand where buyers and sellers have been more active.
I’m not saying Bitcoin will go up or down from here. Nobody can know that with certainty.
For me, the important thing is to understand the market before making a decision instead of chasing every green candle. 📊
What are you watching right now — BTC, ETH, or altcoins?
#BTC
One thing I’ve learned in crypto is that a quiet market doesn’t necessarily mean nothing is happening.
When Bitcoin moves sideways, I pay attention to three things:
1.Trading volume — Is buying/selling activity increasing or decreasing?
2.BTC dominance — If Bitcoin dominance starts changing significantly, money may be rotating between BTC and altcoins.
3.Key support and resistance levels — These can help traders understand where buyers and sellers have been more active.
I’m not saying Bitcoin will go up or down from here. Nobody can know that with certainty.
For me, the important thing is to understand the market before making a decision instead of chasing every green candle. 📊
What are you watching right now — BTC, ETH, or altcoins?
#BTC