Simple BITCOIN Analysis

[Twentyonepaylots]

I don't know if the ones who bought at the peak will sell off after months of waiting. Some of them are just looking up for BTC as their gateway to good life. If they haven't sold it up to now, the whales are just going to keep dragging the price down but many will only keep buying. This will just slow down the awaited bull season even when halving pass.

The peak of this month's price is really blinding, everyone thought that it will be the trigger that will unlock the bullrun phase. I bought some but at atleast I did not give my all shot coz there is a pandemic happening now which I was right the price will stay low until it be gone. But I don't see whales are doing this, probably just a panic from the most of us in crypto space from what is going on right now. If the halving phase won't do anything on the price then might as well we jump onto another cryptocurrency to get the price of bitcoin low then just go back lol.

[elenag742]

Nobody realises what others dissect in light of the fact that individuals will consistently attempt to purchase low and sell high.

Yet, assuming in some way or another, they are purchasing bitcoin at a significant expense, they can cut misfortunes when the cost is down, or they despite everything hold the bitcoin while they hope to see another more significant expense than can be more than the value they purchased. The basic examination for me will be if the cost is attempting to down, I will observe near check whether the cost is truly down or it is a direct result of the request purchase at the market.

On the off chance that the cost is truly down, I will set the value that I need to put so I could expect that my request purchase will fill, in spite of the fact that I won't generally observe my request purchase gets fills in the following minutes.

[elenag1242]

Obviously individuals are exchanging bitcoin in anticipation of getting rich however the key thing, on the off chance that you simply are a dealer is to understand when to enter the market and when also exit without being excessively avaricious.

Avarice is one among the best reason for misfortunes to brokers. At a particular point BTC cost will top yet we should always stress over that tomorrow. Make more BTC today.

[Toomykins]

Not all people are ready to wait for a long time. Bitcoin has become mainstream. Many people have now bought bitcoin because they are waiting for a sharp rise in prices for it. But how long will they really wait until the end?

[TopExchanger]

One thing to note - Bitcoin dips are relatively and unpredictable. I thought that $6k was a bottom in March and accidentally Bitcoin fell to $3,8.

[gundala]

The crypto market is very dynamic, movements are quite unpredictable, just do the analysis to predict its movements, we only humans do not know what will happen with certainty. If you don't have good trading experience, just check big and small trends. If there are signs that prices will go up please buy, if there are signs of going down then sell, if it turns out it's only a correction and prices bounce higher then don't regret, greed can reduce your gratitude. Don't force the market and end up stuck. Expand experience to know when to take profit and when to cut loss.