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 on what to do?
Only crypto events such as Bitcoin halving could make the market recover but although the market is in bad shape, it isn't the right time to back out. Cryptocurrency only opens the best buying opportunity during this season. The market crash usually happens and the market can't remain in its bullish state. It has to undergo a bullish and bearish trend cycle. If you're a wise investor, then you should know how to take advantage of every situation.