I've been trading BTC for years at this point. I have seen many equilibrium patterns play out. This particular BTC EQ pattern is one of the largest I have seen. It will break. In Bitcoin, market contraction leads to market expansion. There is no telling if it will go upwards or downwards. The most important thing to do is be in a position to react appropriately to the direction it moves in.
It should be noted, the RSI is Bearish in nature currently after setting up a series of lower lows.
Always remember, BTC is a LONG-TERM hold. Regardless of how this pattern breaks, this short term price action will be forgotten soon enough.
Your goal is to collect more BTC in all scenarios. #StackSats
It should be noted, the RSI is Bearish in nature currently after setting up a series of lower lows.
Always remember, BTC is a LONG-TERM hold. Regardless of how this pattern breaks, this short term price action will be forgotten soon enough.
Your goal is to collect more BTC in all scenarios. #StackSats