Bitcoin is ranging for a while and everybody asks what will happen next?!
When price breaks a global trendline we must see sharp drops and it dropped to 42K sharply so forget about that trendline breakdown. In daily time frame RSI is very close to oversold zone also price dropped about 40% from its ATH with no significant retrace or uprise. We're now in range and greed_fear index is extremely fear. I see no reason to sell at this point and i think it's too risky to sell something after heavy sell off and after 40% of sharp drop. Instead of selling fix your portfolio and buy a part here
When price breaks a global trendline we must see sharp drops and it dropped to 42K sharply so forget about that trendline breakdown. In daily time frame RSI is very close to oversold zone also price dropped about 40% from its ATH with no significant retrace or uprise. We're now in range and greed_fear index is extremely fear. I see no reason to sell at this point and i think it's too risky to sell something after heavy sell off and after 40% of sharp drop. Instead of selling fix your portfolio and buy a part here
