-Bitcoin failed to hold the immediate support area at 63k dollars -After a sharp drop down to 58k dollar, the next potential support range -This fast move by Bitcoin suffered most of Altcoins and I got stopped of my trade -The market is not good recently so I didn't put heavy on this position -BTC is technically bearish in the short-term with this type of price action -I will be careful and only trade a small amount during this type of condition -Again, this is not the good time to go heavy on Alts when there is no sign of strength -I'd better not trade or reduce my position size if the market is not in our favor -Everyone, risk management, and strict self-discipline is very important right now -If you want to stay in this game for the long term, please control emotion and follow your stop loss -Good luck and stay safe!
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I dont think 58k/60k is going to hold. It appears to me Bitcoin and the rest of crypto for that matter is coming under some selling pressure. I like 50k alot on BTC as a buying opportunity.