Ichimoku cloud is one of the most widely used cryptocurrency indicators on the market that reflects both the support and resistance zones and determines the current trend on the market. While the daily chart of
suggests that the first cryptocurrency is in a poor state, the situation on the weekly chart is different.According to the situation on the weekly chart, Bitcoin is currently trading at the bottom of the Ichimoku cloud, which often acts as a strong support zone. The most recent Bitcoin bounce took place on Jan. 24, when the price reached the mentioned support.
Yes, I always thought so, all the pullbacks are just to scare away these scattered users, long term storage is the right way to join the cryptocurrency market, at least it's a stable way to join Follow AustinCryp
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