The overall outlook is very bearish. Yes, BTC will have higher value eventually but without darkness there is no light.
I will wait for the price to touch the bottom of the channel then buy, Even if the price doesn't and I lose this trade and breaks the channel, then I wit until the price breaks previous highs then I will buy. I will have more opportunities to open long positions later. Now the best trade for me is to sell.
I will wait for the price to touch the bottom of the channel then buy, Even if the price doesn't and I lose this trade and breaks the channel, then I wit until the price breaks previous highs then I will buy. I will have more opportunities to open long positions later. Now the best trade for me is to sell.