BITCOIN has breached the MA. There's a high probability of seeing BTC around 18.3k but there would be no reason to panic if you are here for the long term. The dip will merely be a buying opportunity. I will be buying BTC at these lower levels. I've added some today around the CMP.
FOR FUTURES TRADERS:-
For leverage trading, it's better to stay aside for now. This bland PA will only make you lose money if you don't use SL. If you are good at it, you know you can only play with 3-4% moves and get in and out in a few hours, not holding for long. It is stressful and risky so better to stay away if you are new.
CONCLUSION:- The market sentiment is just like when BTC was trading below $6000. Most common folks were out at the same time. Remember this Idea, I do not recommend you sell or short here. This is the best time to start accumulating. THE MARKET WILL SURPRISE YOU ANYTIME SOON. It may be a couple of months but it's better to start accumulating BTC. Am not sure about ALTCOINS but BTC yes! So Do your own research and if you find it right, keep accumulating and wait for the right time. I will be sharing more clarity on my stand soon. So stay tuned and follow me.
Do your own research, This is not financial advice.
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