Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?
Unfortunately, yes, we are waiting for a break out run, but it goes South. I don't think that we are in a 'now what' situation. We are in a bear market situation so what do you expect? Again, even if others will say that this really looks very bad, but in the long run this might be good after all.
As you can buy cheap bitcoins, at a discount and then fill your wallet. All you have to do is HODL and then have the mentality to not sell until the next bull run in maybe 2024-2025.
As long as we make good use of this bear market condition by buying potential coins, it will be profitable in the long run,
the most important thing is never to sell at a time like this because it will only make us lose,
it's not easy to hold on and it takes patience