The weekly volatility is now near zero, which is very unusual for Bitcoin - certainly unusual for the last few years of price action.
It feels like we are in the depression phase of the market - after a bear market, all the traders are rekt and no-one cares about the asset any more - effectively, crypto is ded...
... until it's not.
It's when the asset is ded that we have a good chance of picking up bargains, if you are patient.
Now is not the time to margin trade or leverage trade, but personally, I've bitten the bullet and bought some BTC with cash and going to hold it. If it breaks down and not up, I can short to hedge via Bitmex.
It feels like we are in the depression phase of the market - after a bear market, all the traders are rekt and no-one cares about the asset any more - effectively, crypto is ded...
... until it's not.
It's when the asset is ded that we have a good chance of picking up bargains, if you are patient.
Now is not the time to margin trade or leverage trade, but personally, I've bitten the bullet and bought some BTC with cash and going to hold it. If it breaks down and not up, I can short to hedge via Bitmex.