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What move you're expecting next on $BTC ?
What move you're expecting next on
$BTC
?
$69,000
$55,000
20 time(r) tilbage
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I don't usually talk about Meme coins or personally trade these because of their very volatile nature but i just added a small piece of this Meme on SOL . The reason why is: the marketcap is only $21k right now and i see their community is pretty big. You can call it a bet but i bought it just for fun and only invested that i am very okay if it goes to zero or may i make a few million $ that many made on memes 😂😂 Here is the token CA if anyone is interested. (NFA) 5Rs53fY3q4t4mLk9zBQ45cVNgF1RH7NqRNXiP6Pa5rYH
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A look back into BTC halving: What was Bitcoin price action for a few days after halving. After May 2020 halving $BTC Price ranged for 70 days and then volatility started kicking in. After July 2016 Halving, Bitcoin Ranged for 21 days and then we saw a brutal move to the downside. After November 2012 Halving, Bitcoin Ranged for 21 days. So based on this data $BTC has a history of being in a range after the halving. This is what we are witnessing right now. Bitcoin is trading within a wide range. I prefer not to trade in this trading environment because the move are always uncertain and people lose most amount of money during this time.
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Lets say you have a Bias that . "The market is going Up" Next question comes: How will the market deliver to my Bias? It's one thing to know where the price is going. Another thing to know is where to enter from. Context is your Point of Interest (POl), from which you will be looking to engage/enter. You draw a level and think this is a high-probability zone, that will likely push price in your desired direction. If you find that your Bias is correct, but your zones are not holding - work on your Context!
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Where do you think this big $BTC range will end? Up or Down?
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When the market isn't providing a clear direction and there are no clear trade setups. These types of market conditions are best to test your patience. You get to know how much control you have on your emotions. The ones who stay patient and don't take unnecessary decisions are the ones who survive in the long-run.
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