Post
Topic
Board Trading Discussion
Re: Bitcoin moving with fundamental news
by
SquirrelJulietGarden
on 08/06/2023, 05:11:08 UTC
Bitcoin moving with fundamental news events and the breakout turns to be a fakeout now. Price fully reversed back to the resistance area and rejected again. #BTC back in range, so lets see where the breakout would be.
Fundamentally I look at Bitcoin halving count down: https://www.bitcoinblockhalf.com/

Before that I searched about Bitcoin cycles with bull years and bear years. I believe in Bitcoin fundamentals (technology, decentralization, Bitcoin cycles, controlled inflation) and I skip temporary news. I would be a liar if I tell you that I did not read news and was not affected by news in the past. I did read a lot of news and was panic a lot with fud. After some years, I knew that Bitcoin is able to grow because of its fundamentals which if I focus on, will help me to read less news and less affected by fud.