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Blockchain Technology / Re: What does Q1 of 2025 hold?
« on: January 02, 2025, 11:28:29 AM »You talked about technical analysis already. The technical analysis can also show you when the retracement is over. Some analysts use moving averages others use a break of structure to know when the retracement is over (or to get an insight) so use any best known to you. What about BLUE? Have you done any research on it yet?Currently, Bitcoin has taken a bearish turn, leading many people to panic and some to start selling. However, if you examine past price movements, you'll see that this is likely just a temporary decline designed to set the stage for another all-time high.Yes bitcoin is dipping and I agree that based on the current momentum and market structure which you can see on charts, it's more like a retracement which is something many persons who are into technical analysis have been anticipating for a while now.
However another question is how accurately can you analyse and tell when the dip will end or rather where the retracement is headed. At this phase of the market I really don't see any reason for panic because it's not necessary rather you should be looking to buy more before the pump resumes.