Looking at the trend line downwards, which functions as a resistance to pulling the market down the odds of this happening are greater than it rising above it at this time.
For example we could be seeing the following outcomes:
In this instance bitcoin breaks out to the downside, but countless of rejections in the market at previous times and so i do not think we will see a massive dip, i do see bitcoin rising once again to a new high very soon.
I'm speculating on going down in the next couple of hours to $13400- $13500 so I can buy back in.
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I would say once you see a rejection candle as such:
or any wick towards the downward position i would buy in, but that ofcourse is my general take on it, but it may very well drop further.
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right now looks like this and seem that will continue to go down...
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Things can change rapidly just keep that in mind.
But usually when you buy bitcoin you can buy the price for a certain moment before it expires so as long as you keep your eye on it. you should be fine.
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there is a small support at 13345 so yes this is very likely.
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since when are you activ investing in crypto?
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not the best memory but certainly got in around 2013
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not bad man, unfortunately i just started last year! I hesitated too long since i also didnt have much knowledge about what crypto currency really was/is.
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you're right on time, crypto is barely getting started ;)
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I'm positive about, I also diversify my investment but trying to stay away of the brand new coins. I think the risk a lot bigger since i just started last year but there some intersting coin I invested that with very low investment gave me some good profit or are giving me some good profits.
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That is nice im looking to invest in Lendings atm little project going on.
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