Bitcoin (Bitcoin) Continued sideways trading on November 7th because of the warning that it is “not time” to sell BTC.
“Now is not the time to sell things”
As market participants waited for signs of rising or falling volatility, the currency pair continued to be flat over the weekend.
Although the impatience is obvious towards the end of the week, those who are looking at longer time frames and historical price patterns have issued a warning.
“What happens during BTC sideways like now? Buyers and sellers are exchanging coins. Buyers buy a little. Sellers sell a little,” Rekt Capital Summarize Twitter fans.
“However, if you consider the trend of BTC in the next few months: you will realize that now is not the time to sell.”
Others focus on the weekly closes for signs of bullishness.For the equally popular Twitter account TechDev, a two-week close at the key Fibonacci level would mean that BTC/USD is responding to its progress
“The two-week candlestick with a closing price above 1.618 is the full performance of 2013. It is now consolidating below,” he famous Saturday.
At the same time, the price performance between 2017 and 2021 is still surprisingly similar-just like Cointelegraph, this year firmly placed it within historical standards Report.
High price meets low price attention
Continue high altitude Price forecasts, ETH/USD continue to build on recent historical highs, while other cryptocurrencies in the top ten cryptocurrencies by market value maintain record peak levels.
BTC will rise sharply,
ETH will skyrocket,
Your shitcoin may skyrocket.
-Galaxy (@galaxyBTC) November 6, 2021