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.
Very short update since I’m still recovering.
Bitcoin is consolidating below a resistance level, which held as support all through Q4 2024.
Sitting on your hands at crucial levels like this is important due to it being a significant level.
My plan:
- A flip of 93K and we start looking for buys.
- I’ll take every bearish signal the market gives at the level either. Which I’ll update on the trades I’m in.
If you rode 83K to 92K on Bitcoin with me, then you have no problem sitting on your hands and wait for new thesis to form.