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What to do in a situation of extreme market panic $BTC ?
Retail investors are all looking at lower positions. I can understand why they dared to enter when the BTC price was at 100,000, but I can't understand why they still don't dare to enter at the current price of 90,000.
I checked on-chain, and indeed the price has been falling continuously for the past week, but the number of BTC in whale wallets has been increasing... I don't know why.
When BTC was at 100,000, the expectation was for it to drop to 95,000. When it was at 95,000, the expectation was for it to drop to 92,000. When it was at 92,000, the expectation was for it to drop to 88,000. When it reached 88,000, the expectation was for it to drop to 85,000. You all have been waiting for even lower positions...
The four-hour naked K hammer candlestick pattern combined with the daily and weekly RSI oversold signals just indicated a long-term bullish outlook at 90800. There is no time you can buy the dip and see immediate profits; it’s all about getting trapped. This process depends on how you manage your position.
This article will pin the homepage for 45 days, now you can call me Fan Di, in the future please call me Fan Ge, thank you #BTC