A definite move on Bitcoin
Often not, traders love to say that the market goes Up or Down. That's the movement of the market but what will definitely happen on market is that it will go through the expansion and contraction phases and when the market goes into contraction, the expansion will be next.
As a trader, I will be waiting for a break and close BEYOND the trendline, but as a Bitcoin collector, now could be a time you can consider buying some in case the market moves against your wish. However, in a 51% scenario, BTC is most likely to have its first break towards the downside, but I won't bet on this.
It depends on your capital and your mindset. Are you okay with missing this and waiting for the next setup(that's me), or do you want to buy some due to FOMO(I used to be that way).
So when I'm caught in such a dilemma, I will buy one-third of whatever I'd set aside for this and the remaining two-third for future purchases.
What will you be doing?
As a trader, I will be waiting for a break and close BEYOND the trendline, but as a Bitcoin collector, now could be a time you can consider buying some in case the market moves against your wish. However, in a 51% scenario, BTC is most likely to have its first break towards the downside, but I won't bet on this.
It depends on your capital and your mindset. Are you okay with missing this and waiting for the next setup(that's me), or do you want to buy some due to FOMO(I used to be that way).
So when I'm caught in such a dilemma, I will buy one-third of whatever I'd set aside for this and the remaining two-third for future purchases.
What will you be doing?
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