Bitcoin right now is in a correction. You can't really predict if the bullmarket is over or this is just a correction. I'm looking for support at the 100D ma if not then the 21W ema as really important support. If we can't hold the 21W ema I will be getting more scared.
If your investment strategy is DCA or for the longterm you should not panic at all and just keep looking for entry points at the 21W ema for example.
If your investment strategy is DCA or for the longterm you should not panic at all and just keep looking for entry points at the 21W ema for example.
Comment:
Daily candle close below 100D ma. It is possible we will fall lower to the next heavy support at around 45k. It is important to hold this 21w EMA if we want to continue this bullmarket. There is a high chance we see bounce/pump there because a lot of people will be buying.
Comment:
We got a fakeout to the 47k area and now are back in bullish area on the 4 hour timeframe