After the long time anticipation of most traders on the result of Bakkt's rally, unfortunately it was not positive, critical observations and analysis has revealed that bitcoin has broken below both the symmetrical triangle and the descending which has resulted in a declination below the 200day EMA now. This will automatically extend the bearish market.
What a painful condition. The big investors sponsored the failure by selling out the news. How else/how well can we manage this moment,to get the best.
It's either we go with the flow of we hodl more. Investors and Traders are always taking this kind of opportunity to earn big profits in the long term, the simple strategy
buy low and sell high could give you are real fortune if you have patient on holding your coins. It might be tempting sometimes if you bough your coins in a lower price and after a week, it went much more low that make you skeptical if you are going to sell it or still hodl it for some time.
but in my opinion, the more we could bear this kind of situation, the more we could earn profits in the near future and we won't have any regrets when that happens.
