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RE: I'm waiting to see if the market can withstand the dreaded Sunday dip before increasing my position.
Definitely, I would also recommend to wait till Tuesday or + a week or 3 weeks. The market have shown previously that on Sundays there's always a decline, so it would be a good idea to increase your position on Sundays. Due to current events, I would recommend to just wait to see if the market is actually recovering or not. I would recommend on increasing your position when the market passes the 380b/ 400b market cap threshold. I'm not a financial advisor (yet), this is just speculative advise from a crypto holder to another crypto holder. cheers
Yeah, I'm not liking the sentiment one bit, but we shall see.
For all intents and purposes, I think BTC is just going sideways and I am in no way convinced that the bear market is over. This up move looks more like a bull trap than anything of consequence. There is no volume and no conviction.
Yeah, and action is extremely low.