2022-01-19 10:42:23
Bitcoin update
Hello traders,
Today it will be a little bit longer.
Bitcoin is still in consolidation - no bear market, no bull market. Moves in consolidation (range) are very fast and quick usually. It's because in market are many traders with leverages positions and have stoplosses.
Trading is dangerous and boring now. It's good to look at daily charts and don't be panic trader.
If you want to trade in this time, use spot trading and bigger coins. In case of any drop down you can buy more and your average price will be better. Longterm have crypto big future and will go up. I recomend you bitcoin, solana, dot, eth. You should make your own research for trading (investing).
Current situation on bitcoin.
It's still going down and every move up are clear with bigger move down. But now we are on strong support level. Ofc it could drop down to 35-38k, but there is still bigger chance to go up. If you have long positions, keep it. This is only game with your patience :)
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