BTC Trading Problem: Hold, Sell, or Wait?
Suppose you bought Bitcoin (BTC) at $110,000.
After entering your position, BTC drops to $103,000. However, you notice something confusing:
Trading volume is increasing.
The price is still making lower highs.
Some analysts are calling it a healthy correction.
Others believe selling pressure could continue.
You originally bought BTC based on a bullish market outlook, but the current price action is challenging that view.
Here's the question:
What would you analyse before making your next decision?
Volume and price action.
Support and resistance levels.
Market sentiment and BTC dominance.
Your original investment thesis and risk exposure.
Would you maintain your position, reconsider it, or wait for further confirmation?
Explain your reasoning. I'm interested in different perspectives, not just predictions.
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