BTC begins to tumble, and take the market with it.
I have been reducing my crypto holdings due to massive uncertainty in the markets. I am planning to re-enter if we see new ATH or massive sell-off, see my other post linked below.
But for now, where might BTC be headed? I am watching the 40k mark. If this breaks and we move lower, this could cause massive flush out and another huge spike down.
I have an alert set so when this breaks I can jump on some shorts to hedge the remainder of my portfolio and take some profit in the downward direction. I will be looking at lower timeframes and will not be holding positions lower than 33k as I don't think this is a bear market just yet.
I have been reducing my crypto holdings due to massive uncertainty in the markets. I am planning to re-enter if we see new ATH or massive sell-off, see my other post linked below.
But for now, where might BTC be headed? I am watching the 40k mark. If this breaks and we move lower, this could cause massive flush out and another huge spike down.
I have an alert set so when this breaks I can jump on some shorts to hedge the remainder of my portfolio and take some profit in the downward direction. I will be looking at lower timeframes and will not be holding positions lower than 33k as I don't think this is a bear market just yet.
