Time to long Bitcoin or further drop ?

[Cryptoababe]

To be honest , I longed from 65k . But I now start to have another fear of a slow drop from the current price . I will appreciate some technical analysis or opinions.

[Oshosondy]

I do not know the leverage that you used, if it is too high, it is better you close the position. It is better you buy bitcoin, send it to a noncustodial wallet and hold it there instead.

But if you used a very low leverage like 1x but not more than 2x,  there is nothing bad about that but nobody know if bitcoin price will drop further or not.

It will be good if you read about funding rate. It is most of the time positive.

[LogitechMouse]

To be honest , I longed from 65k . But I now start to have another fear of a slow drop from the current price . I will appreciate some technical analysis or opinions.

You entered a long position, and then you will ask us if it's time to long already?

If we say "Yes, it's time to go long.", will you hold your position?
If we say "No, it's not the right time to go long, and we expect a further drop.", will you close your position?

If there are somebody here that will share technical analysis on Bitcoin right now then good. The market is going in your favor though because Bitcoin right now is at $70,000 meaning you're currently in profit. This thread that you made is also a proof that you don't have any strategy or plan that will help you decide. All of us here can share a different opinion, and I wonder if who you will follow?