Repeating myself ones again, Patience is key everyone ( BTC)
hello everyone
Today an update on this price correction from the last few hours. We've come down to 7.8K.
I don't see any problems in this small correction. The only possible threat I see is that there is no big supportline between 7.7K and 6.8K.
On the other hand, if we look down to the volume, we can see that there isn't a massive sell-off going on. The market is going sideways at the moment and we are not used to that in cryptocurrency. For me it's now that time to just wait and see. I hope that we see a correction to 7K, that's the point where I going to thick my wallet.
I think that we aren't going above the 8.1K mark for as long as the volume doesn’t go up. The market is a little dead at the moment but that’s not necessarily a bad thing! This can be an ideal period to thick your wallet!
(this is no financial advice)
leave a comment with your thoughts!
Today an update on this price correction from the last few hours. We've come down to 7.8K.
I don't see any problems in this small correction. The only possible threat I see is that there is no big supportline between 7.7K and 6.8K.
On the other hand, if we look down to the volume, we can see that there isn't a massive sell-off going on. The market is going sideways at the moment and we are not used to that in cryptocurrency. For me it's now that time to just wait and see. I hope that we see a correction to 7K, that's the point where I going to thick my wallet.
I think that we aren't going above the 8.1K mark for as long as the volume doesn’t go up. The market is a little dead at the moment but that’s not necessarily a bad thing! This can be an ideal period to thick your wallet!
(this is no financial advice)
leave a comment with your thoughts!
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