$BTC Bitcoin is in a "consolidation" phase. After such a large drop, the price needs time to build a new floor. Seeing Bitcoin above $88,000 is a good sign, but it still needs to break the $90,000 barrier to confirm that the bearish trend of December has ended.
Sometimes, the best trading strategy is to let the market breathe to trade with clearer signals in the coming days, because knowing how to trade means understanding that you don't always have to be in the middle of chaos.
Do you prefer the price to rise quickly right now or to stay like this for a few days so that altcoins also have a chance to recover?
📌 If you want to know if Bitcoin manages to break that resistance of $89,300 before the end of Sunday, follow me right now and give me a like!.
BTC
90,109.17
+2.12%