Will we continue or will we fall?
If we are going down, should we sell? If we are going up, should we buy from here?
If these questions are on your mind, this article is for you
Before we begin, you should know that we are witnessing numbers that Bitcoin has reached for the first time in its history, and here the data changes significantly and frequently due to the confusion and division of traders in these areas.
I will present to you the form of the next movement accurately and briefly.
2Initially, we have the $120K figure, which is a strong psychological resistance, in addition to data indicating that it will be targeted and, at the same time, rebounded from it.
Any numbers above are for manipulation at the moment.
Here we must pay attention to a possible and strong correction, in which we will monitor the first target at the range of 114800-115200 and update continuously.
What is striking is that some liquidity has clearly shifted to Ethereum.
Does this mean that Ethereum will not fall with Bitcoin?
Of course not. If Bitcoin falls, the entire market will fall, but that is not what I want to explain here.
Many indicators point to the shape of the next movement, and as I mentioned in a previous post, we are heading towards a large and strong rise (the beginning of liquidity movement to #Ethereum at new historical peaks is a clear sign).
Well, we are now expecting a correction in the short term and a general positive movement in the long term. What do we do now?
I will talk about myself personally and you try to apply what applies to you
Personally, I have two sections: an investment section and a speculation section.I will never go near the investment department, especially the one I took capital from.I am well positioned, the prices are low and I have withdrawn all the capital so there is no fear.
As for the speculation section, there are many currencies that have achieved my goals, so I left them or will leave them in the coming hours, and others that have not achieved my goals, so I stopped as high as possible, so I entered some of them and some of them are a little higher.
You must understand something.
A losing investment is not an investment.
Speculation is available daily.
You should not mix and you should not be confused
Ok, I am stuck and at a loss. Should I go out and come back down?
No one can answer this question, not because it is difficult, but because it depends on the type of currency, the entry level, and its timing (entering at $1 a year ago, for example, is not the same as entering with the same currency and the same price yesterday, or a month or a week ago).
