Post
Topic
Board Trading Discussion
Re: 4hr chart!
by
Baofeng
on 06/07/2022, 08:12:41 UTC
The 4hr chart shows bitcoin hovering around the upper level of the bollinger band. This has resulted in rapid dumping of corn throughout 2022, so now is not the time to fomo.

I think it's pretty obvious that we will see a continues dump this year, might not be rapid at it will take months, up to the end of the year at least.

As for FOMO? I think it should be opposite, smart investors should be accumulating at this point. No need to FOMO, it is only in bull market. Now is the time to buy cheap bitcoin and then just HODL, there is no simpler formula than that in a bear market.