
BTC_update. BTC now-9397 Let's have a quick description of the above setup.
1) First, we have the higher low which we mentioned in previous update
2) Prices are now trading below EMA10 and we have decreasing trading volume , going lower and lower.
3) A recent rejection of prices while they tried to move and close above EMA10.
4) We are seeing long wicks pointing down.
How many post like this will need to create before people finally understand that speculation is the reason why market keeps on falling because too many false thread that let others to misinterpret .
It could be happening because bitcoin will always adjust the price to the lower price after reaching a higher price. That will happen many times, but we don't know how deep the price will be down. But the price will be back to the high price again after the correction is finished, and that can reach another higher price. We need to analyze more to find a good time to enter the market so we can take the benefits of the market.
That is how can we determine about the health of the market and this also the reason why we are investing here right?