More Sideways/Downward Movement to Come?
Actualizado
BTC has been in a nasty downtrend for the last 6 months or so, granted we did only fall ~60%.
If we go sideways for the next 3 weeks or month, could be a good buy signal.
At the same time, I wouldn't be surprised to see another break down. Until we move above that downward channel confidently, I'm sitting on the sidelines.
Let's see where we're at in 1-2 weeks to reconsider. If we're at the same spot, I feel we are in an accumulation zone.
This isn't financial advice, just stating my opinion and wanna see if my lizard brain can make a correct prediction
If we go sideways for the next 3 weeks or month, could be a good buy signal.
At the same time, I wouldn't be surprised to see another break down. Until we move above that downward channel confidently, I'm sitting on the sidelines.
Let's see where we're at in 1-2 weeks to reconsider. If we're at the same spot, I feel we are in an accumulation zone.
This isn't financial advice, just stating my opinion and wanna see if my lizard brain can make a correct prediction
Comentarios
Well butter me up I'm ready to see how this plays out. Glad I was wrong, more convinced we are gonna start a steady move up, but not fully there yet.Comentarios
who ordered a breakout?
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