Bitcoin: Price going down? Here's what you need to know :)
Personally, I would buy there no matter what. I trade using leveraged positions, cause HODL is just not my thing. I win so much more money by trading Bitcoin than actually HODLing Bitcoin...and Bitcoin is THE ONLY ASSET I DO.
I've been doing this for over a year now. Daily. That's +365 days trading just Bitcoin. Yes, I've learned a lot. So trust my word.
If your risk tolerance is weaker than mine then I suggest you wait for price action, there's no better signal or indicator than pure price action. If this area is compromised, wait to see if it's a "fakeout" (fake breakout) or if it holds well. In case of it not holding you have an excellent opportunity for buying way lower/cheaper.
I've been doing this for over a year now. Daily. That's +365 days trading just Bitcoin. Yes, I've learned a lot. So trust my word.
If your risk tolerance is weaker than mine then I suggest you wait for price action, there's no better signal or indicator than pure price action. If this area is compromised, wait to see if it's a "fakeout" (fake breakout) or if it holds well. In case of it not holding you have an excellent opportunity for buying way lower/cheaper.