Two Sides Of Bitcoin Market News
The market news are divided where one side was saying the last time that Bitcoin went so low, it surged by 25% within 24 hours. In March this year, BTC went as low as $3700. When BTC was trading at that range in the past for about 4 months, it skyrocketed that led to a nice bull run later on.
The other side was sharing about BTC that seems to be started to melt for a correction rather than a rally.
A trader indicated a bearish trend based on Tom Demark Sequential. The last seen of this trend had the market crashed to $3700.
Four Ichimoku Cloud signals were present. All these may cause some traders to be extra careful.
With two extreme of opinions, common investors would need to make their own decision and it may depend on their own perception.
The more I read, the more unsure one gets.
Even if one invested now, one can always hodl by only investing using spare money so that there is no rush in selling.
I guess it is hard to know when is the right time since it seems so unpredictable now.
By not investing, there is no fear of the price dump.
For those who invested, I believe the wise choice is to be patient and wait for it to rise into profit without selling due to unexpected drop.
What is your stand in the price of BTC? Bullish coming or Bearish coming?
Well, I think that price of BTC is not going to dump any more and now it is the time that the crypto market will come out of shackles. Just my own opinion
Thanks for your comment. We all hope so too! 😁
I really do not think there is a perfect time for coin and investment itself is a big risk and anyone who ventures into it must exercise express patience.
Indeed
@tipu curate
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