Looking at the price action for 4 consecutive hours, this is a Pepe chart, waiting for signs of movement in the direction BTC will go. Will prices fly back up or will prices drop?
If the price is in a straight position then there is only a possibility that it will break down. Determine your purchasing goals, whether long-term or short-term. It all comes back to the individual, don't buy at the top and sell at the bottom.
Just analysis is not financial advice that must be followed. Please follow me for the next analysis. The author only analyzes in terms of risk management the knowledge he gained when he was a student at school.
