It's bitter reality but you can only do one and those who believe Bitcoin knows the history of government and now they trust the Bitcoin.You just understand the chronology of this and Bitcoin will be your sole savoir.
It's not even a true set of statements.. even if it might make you feel good to say that is what you believe... It's too damned vague, patronizing and even propagandistic in terms of its painting a false dilemma.
Price remains bullish while holding the $61K local volume point of control.
Price is now failing to hold the $61K support trend-line, as well as the VPVR point of control ($61.2K), suggesting a re-test of the 200 MA at $59.4K may come into play.
Moving below the distribution zone of $60-62.5K would additionally turn it into resistance in the short-term, so a bounce from nearby support could be short-lived.
Back to being 50-50 until a new higher low is established, or lower support re-tested between $53K-57K. Indecision for the past 2 weeks of sideways trading has been the right call.
The consolidation remains healthy for accumulation, but making a trade within it simply wouldn't be with how choppy the price has been in the short-term.
about making a trade.. nothing wrong with buying if you don't have any or if you feel that you do not have enough....
There is an expression to buy on the dip.. of course, no one really wants to blow his whole wadd in terms of buying on a dip in which there is more dip to come, but if we do not know the bottom, we just do our best based on an assessment of our own circumstances that include cashflow and how far along we may well be in terms of our own BTC accumulation goals.
Regarding bottom, who know? I still remain interested in whether or not BTC prices stay above $55k.. and also how long it takes to get above noman's land to the extent that such a thing continues to exist.. and can be revived if it had been weakened in its prior wannabe prominence.
Fair additional facts to establish a certain kind of government action that is surely problematic.. as many of us already recognize such problematic behaviors...
Get prepared for more of these, like every 1-2 years. Money printer continue go brrrr. It won't stop.
Worse, we've reached the stage where it can't stop.
Yes.. exactly.. another dilemma that justifies various kinds of considerations of the creation and execution of some kind of a plan
BTC
