As for me I would rather avoid trading, even scalping, during this time of high uncertainty. There is indeed a sideward movement of the price but whether it will fall down further or break out towards a higher price, it is really unpredictable. The price is like hanging by a thread. Anything big could happen any minute. If I were to decide, I would rather put a bid order in place for a possible fall to $28,000 or $27,000 levels. But I still hope the break out will happen soon.
Now we're certainly at a price level of $28,450 for bitcoin so its definitely a good buying moment for all of us. The market is falling down due to this bearish market and if i'm not wrong, more likely bitcoin will still gonna fall more in the next couple of days. At this market's condition, i prefer not to trade or do scalping too but rather do DCA since i cannot predict correctly what will be the bottom price for bitcoin this time. This is rather a time for accumulation, not for trading.
