Fear and greed index looking like a good time to buy for $BTC , but a 3:1 ratio on future does have to make one start pondering before making decision.
$BTC moving down after many days sideway in 64-66k range, and it seems to be moving down further to the expected range of 59-61k. On another note, #BTC.Dominance has had a steep decline, and many alt has recovered ahead of BTC. While BTC still has more room to fall, itâs unlikely alt would suffer the same fate anymore. Iâm currently still bearish on both $ETH and $BTC but I believe a huge reversal would soon be happening, likely staring from next month. Many alt was in good buying range this week, did you buy any? đ
$BTC sideway in 64-66k range, likely to close 1D timeframe within this range also đ On another note, BTC dominance has been dropping, which sparks recovery for many altcoins. However, spot or low leverage are recommended at the moment as a shift might occur the moment BTC head to either direction of the range. My view is that itâs likely to move down to grab liquidity one more time before moving up again. Letâs see how this one play out.
$BTC looks like itâs trying to make a lower low again, we are likely witnessing the last moment of the fortress 64-66k. Assuming the 64k is broken, where do you think it will be heading to? My guess would be down to 59-61k range.
Itâs quite amusing seeing people in Square âbeggingâ you to buy coins like $ZK $HIGH at this âbestâ price and how profitable it would be đ€
More often than not it led to more people getting trapped, going out asking people to buy so they can exit, thus repeating the cycle.
Remember, if you need someone elseâs opinion to enter a trade, then thatâs a trade you shouldnât be making.
For such question as, will $WLD recover? Yes, it will. But the bottom could be much deeper than what you might have anticipated. Donât over-leverage or do spot trading instead.
I wonder if people who bought $ALICE has actually play the game? Because after trying it you would know the game is practically loads of crap. Playerbase are like ~5 people active while the game has no frequency on updates. The actual value of this coin should be below 1$ unless the dev team actually putting in any work. But this is crypto so itâs likely gonna get random pumps to grab money off liquidation. Good luck and as always #DYOR
Buy when there are blood on the street they said. Well but do we know when the bleeding stop to start entering? Or itâs just the beginning of the flood, to the sea of blood? $BTC