A big part of trading in the crypto space is patience. As more technology is developed and BTC becomes more antiquated in comparison, the growing pains are par for the course given that ALTS are still attached, using BTC price as an indicator. I also don't think it is going to be as bad of a transition given Intel's new chip on the horizon? The metaverse is...
I mean think about it. It's legal weed. the product itself has a great future. You can keep day trading and losing your money but why? Just why? I mean while you are day trading your last money I'm here imagining a future where weed is sold worldwide using delivery drones and guess who's gonna be the leader? Obviously CGC! This is the stress free long term...
Overvaluation or what? The waves tells it all! Take profits and chill.
Hey tradomaniacs, I know i know.. take a deep breath and chillax. Everyone is talking about the bubble..the CRASH.. the DEATH of Bitcoin & Co. Well..since we had this strong hype that was almost utopistic everyone felt like Bitcoin & CO were unstoppable. But why? Why would you think like that? Because we have a big market of players with no freaking clue how...
Nothing going on now is really different. Bitcoin has always gone up and down, especially around this time of year. Quit analyzing every 5 second movement. The medical costs from your heart attack will outweigh your profits from constant buys and sells.
This was an agressiv seller move, but we just hit the 200 MA and bounced back.
After a bullish signal on BTC the short downtrend was broken and build a base for an uptrend. At the moment we can see the BTC moving in a triangle so we can wait for a breakout next 2 days.