Last week we were moving along dangerous levels were flirting with the February lows. This week however the bulls couldn’t defend the key $6k support level and we broke down. Sentiment in the market is becoming increasingly dire as the resolve of hodlers is severely being tested. The key question that is on everyone’s mind is whether there is any bottom in sight.
Trading without a Plan
This week a lot of people messaged about their bitcoin holdings. Sellers panic sold their holding and others bought thinking this is a good time to get in. Warren Buffet has said that the financial markets are designed to transfer wealth from the impatient to the patient. To give that more context I strongly believe that the markets are designed to transfer wealth from those who do not have a plan to those who do. Patiently holding a bag of
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