Bitcoin is still in a sideway state, I don't know how long bitcoin will be in the sideway area, I don't know for sure whether bitcoin will be able to penetrate the resistance area. If we look at the weekly timeframe, it seems that the trend is still strong, continuing its increase and from the previous candle which was also quite large or Marubozun which was indicating that the bullish trend is still very dominating.
Judging from the daily timeframe in the sideway area it seems that it is still having difficulty breaking through and most likely the price will consolidate first and then continue the trend.
I don't really understand the world of long-term investing, because I'm the type of person who has a bit of an economy that probably won't be able to hold my money in such a long state, besides I have never intended to increase my knowledge of fundamental analysis or other analysis that is useful for investors, but actually I am very interested in the long term investment world.
According to my current thinking instead of waiting to collect money to be able to buy coins at prices that are very unlikely for me to be able to buy them, it's better for me to use them to make small trades that I can increase my money on a daily basis or my pocket money .
A few minutes ago I created an area for me to sell in bitcoin, of course I did it with my analysis skills, I don't know for sure whether this area can affect the current price movement, I will continue to monitor the market until I find confirmation that this area is indeed very appropriate for me to do a sell entry in bitcoin.
That's all my post today, I hope it can be useful for all friends.
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