Nostr

Bitcoin has shattered its structure by creating a new lower low. It's crucial to monitor the $28K level, where a substantial amount of resistance exists.

There's a possibility of forming a lower high and retracing back to test the support at the $26.5K range. #Bitcoin

Odler Hodler 2y ago

Shattered its structure? Crucial to monitor $28k?

Ok well, I say "crypto traders" tend to overthink it a bit maybe ...

On the longer timeline Bitcoin just keeps on getting more expensive in USD terms. I try to #BTFD (pretty much every lower low) whenever I'm able, and every purchase I've made has increased my nominal cost basis over the years. My humble stack is up 4.5x as of today, and I'm OK with that.

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