Hello , how is it going today?
I hope well.
So i drew out a plan based on recent support and resistance and from where i can see is we had broken some strong support... Yes.... butttt bitcoin is in the undervalued territory right now. I believe around these ranges is buying opportunity for most (Spot) Investments. I do not play with leverage much.
I believe...
I believe bitcoin is closer to bottoming i had this chart here for a while, i touched up a few stuff but support and resistence always respected.
On the macro aspect , i believe everything is close to pricing in or already priced in. Markets had been going down tremendously the last 7-12 months.
Another thing is what i have noticed in plenty investors are...