bitcoin‘s rebound above $21,000 today excites many investors, while bottom buyers are enjoying a 15% rise.
We have been sharing that many indicators specific to Bitcoin have been giving bottom signals for a long time. We congratulate those who evaluated this data that we shared in difficult times.
You can find the analyzes we shared at the most critical moments since September 1, below. We share this data not only so that you can buy the bottom, but also so that you do not sell at a loss at the wrong point. After all, it is still your responsibility to manage your risk.
Did You Panic Selling?
A comment after the rise in Bitcoin came from the CEO of Binance.
“I hope you didn’t panic sell.” Cz said, reminding that the investors who kept their cool during the dump again profited.
Responding to one of his followers’ reservations that the rise could be fake, Cz gave an important answer.
“It Was Never Clear”
A follower reminded Cz that there are still no question marks and that in the short term it is too early to say that the “bear” threat has passed. Responding to this, Cz replied, “It is never clear.”
Nothing is clear in the markets and it has not been so until now. If everyone tried to earn money according to the data accepted by everyone, everyone would be rich. For this reason, there will always be turmoil in the markets and there should be. It is up to the investors to manage their risks knowing that nothing is clear.
It’s never clear.
— CZ 🔶 Binance (@cz_binance) September 9, 2022
Should there be a relapse, we think that gradual purchases below $20,000 will not upset long-term investors.
*Not Investment Advice.
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