As you see in the charts after the flash crash bitcoin has entered a sideways price pattern.
closing below the lower half in the past five days shows a lack of steam to move higher.
At this point, trading bitcoin is not recommended! waiting for a trend to form is the best approach in my view.
The same story is true for ETH
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
closing below the lower half in the past five days shows a lack of steam to move higher.
At this point, trading bitcoin is not recommended! waiting for a trend to form is the best approach in my view.
The same story is true for ETH
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.