Huh, What Crash?



I read tons of posts about Bitcoin's "crash" today. Maybe I missed something but my Bitcoin chart looks fine. And most altcoins are down just 2%-4%.

As discussed in many of my recent live sessions, Bitcoin is ranging sideways in a corridor between ~60k and ~62k.

Of course, there's some volatility. Moreover, bulls and bears tests the channel's boundaries constantly. Nevertheless, as long as we don't have a daily candle close significantly outside this range we are simply in a sideways market.

And yep, everything can change quickly but a BTC dip of 2-3% shouldn't scare you at all. Keep calm, watch the essential levels, and prepare accordingly.
BTC-4,32%
LOOKS-2,94%
JST0,93%
DON-3,87%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin