Bitcoin market prices have witnessed a lot of resistance and several attempts to make a head up the price of $25k after several weeks of a downtrend, there have been a lot of speculations surrounding the present market situation. But with the right thought and analysis, I am sure if Bitcoin could break the present resistance price moving upward would be that hard anymore.
those who have excessive resistance and excessive speculation, they really don't do anything, other than say Bitcoin at that level, that year Bitcoin is so reliable, the truth is buying and investing Bitcoin long term.
Without excessive resistance, that's the best move.
now that
BTC is below 20k again, what are we doing to take advantage of this market? so we can all have our speculations, but the question is - are we doing something with such speculation? if not, then, just be silent and observe the market. if you do have strong belief with
BTC market, more then likely you're doing something now how to increase your
BTC portfolio.
Depend on who you are going to ask,
For those who have seen the worst like in 2018 and then the covid-19 effect on the market, perhaps they will know what to do. That is to buy at this current price because it is cheap and you can pretty much accumulate as much as you can.
But maybe majority could sway away from the market because it is crashing and then want to see how the price will go. Wait for the price to still go down further before they buy.
Or not going to buy because they are afraid of the situation. In short, they take it as very negative.