Everyone knows that we are entering a critical week in Bitcoin. While this is the case, many analysts state that it is better to wait a little longer to trade. A warning in this regard came from Crypto Messi, who is known for his successful predictions.
Expressing that he started to profit from $ 53,000 and $ 48,000 in Bitcoin, Crypto Messi drew attention to the current uncertainty by saying “I manage risk, I do not act with my emotions, everything has a place and a time”.
Instant volatility in Bitcoin is very high. Bears can bring the price down in one move. Bulls intervene in certain places. Obviously, whales are fighting on the board. I watch without getting in between them. I will enter when buy signals come. I still see the market as risky.#bitcoins
— Crypto Messi (@Kriptomessi) September 27, 2021
Referring to the volatility in Bitcoin, the famous name stated that the bears can bring the price down in one move, but the bulls intervene in certain places.
In this context, the analyst, stating that there is no buy signal yet, said that it is inconvenient to come between them while the whales are fighting and said, “I am watching the market”.
Referring to the yellow and blue trend line on the chart in his previous post, the analyst said, “I am in cash before these levels are broken”.
I think the risk continues as long as the blue downtrend and yellow resistance are not broken. #Bitcoin pic.twitter.com/pMm6LIOOHZ
— Crypto Messi (@Kriptomessi) September 25, 2021
At this stage, it seems that many analysts follow the BTC price closely and find it risky, so they will trade after seeing the upward or downward movement.
In this context, as we mentioned in our previous analyzes, it is important to wait at this stage and to invest more risk-free after the direction becomes clear.