A lot of people are afraid about Bitcoin , it is unpredictable and every time it goes against your technical analysis , you will have to draw the charts again- LOL- kidding, by the way, Bitcoin usually does not follow the technical aspects but fundamentals. although we don't see any kind of FUD in the market, we do believe it is just a normal correction up/down, which we have already shared here that Bitcoin will stay around 8500-9500$ range for some more days ( volatility may occur) but it will stay in the loop.
what can you do?
as shown in the charts, Bitcoin having a pattern which shows it will go down a little then up, and so on. while breaking the 8500$ level support will be a bad thing.
you can open short trades for altcoins on breakout levels and exit with profits if you are holding something for the mid or long term than continue holding with patience. you will be rewarded.
While if you are trading on Bitmex, you can do quick trades like open long at 8800-8900 and close above 9000- 9150 - 9300+
And if it reaches 9500+, open short and does a quick trade with stop losses.
Stay in the game. stay patient and HODL.
best of luck guys!
