A massive $800 million sell wall in Bitcoin futures, which persisted for 22 hours, has suddenly disappeared. Could this be a sign of market manipulation?
Nobody will ask you in a few months whether you bought $BTC at 56k or 50k.
At this point, I think the market is overripe for a turnaround.
The blue line in the MZ BTC bottom-Indicator shouldn't be undercut so we can continue to follow the cycle of 2017.
and yes it is not easy to hit the exact bottom, but this whole situation reminds me very well of 2022, where many thought that 17k was the bottom for BTC and it subsequently fell to 15k.
Did that play a big role a few months later? No. It's important to buy in a range where you feel comfortable and then be patient imo.