???? Bitcoin Behavior ????
⭕️ In the last month, the Bitcoin volatility has dramatically decreased.
As a rule, at the end of the week it does not exceed 2%. This pattern has already become systematic, which indicates that the crypto market is almost empty. The chart has stopped forming certain structures. The price jumps up, then drops sharply down, but eventually returns to its original values. This is very similar to traps for both short and long traders.
In situations like these, the most optimal variant is to choose short-term strategies. Amidst the uncertainty and weak market activity, the price is under pressure exerted by sellers and gradually goes lower and lower. Therefore, we expect to see another fall of Bitcoin.
(Above Article & Picture Source: Crypterium News)

An interesting read and observation. I agree the market has been so unpredictable that it has prevented many from trading or trading with caution. But how cautious can one be at times like these where charts and old market patterns don't play out and can't be used as a guide.
Let's discuss.. Liked the discussion on my previous post regarding updating the old ONG Whale chart to the new SME. Let's now talk about - What's your current trading strategy and best practice during current volatile market trends.
cryptomarket #btc #charts
???? Bitcoin Behavior ???? ⭕️ In the last month, the Bitcoin volatility has dramatically decreased. As a rule, at the end of the week it does not exceed 2%. This pattern has already become systematic, which indicates that the crypto market is almost empty. The chart has stopped forming certain structures. The price jumps up, then drops sharply down, but eventually returns to its original values. This is very similar to traps for both short and long traders. In situations like these, the most optimal variant is to choose short-term strategies. Amidst the uncertainty and weak market activity, the price is under pressure exerted by sellers and gradually goes lower and lower. Therefore, we expect to see another fall of Bitcoin. (Above Article & Picture Source: Crypterium News) An interesting read and observation. I agree the market has been so unpredictable that it has prevented many from trading or trading with caution. But how cautious can one be at times like these where charts and old market patterns don't play out and can't be used as a guide. Let's discuss.. Liked the discussion on my previous post regarding updating the old ONG Whale chart to the new SME. Let's now talk about - What's your current trading strategy and best practice during current volatile market trends. cryptomarket #btc #charts
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