Panic sales started in Bitcoin! What should investors do while prices fall?

Bitcoin has suffered a harsh depreciation in the last weeks and declined below the $ 92,000 level and testing the 200 -day -old average of around $ 83,000. Although the price of BTC, which is currently a serious panic sale in the market, has made short -term recovery attempts, the correction process has not yet been completed. So, what should investors do?

Bitcoin Technical Analysis
In the daily graph, Bitcoin has continuously lost value in recent weeks and fell below the $ 92,000 level. If the price falls below this moving average, the market is likely to be dragged into a deeper decline. In this case, the bull market can be expected to end for at least a few months.

Short -term graphics and football
The 4 -hour graph shows that Bitcoin's last recovery movement is completely erased. The price is at the last support point before the possibility of a new bottom level. However, considering the clear signal of the RSI indicator, the decline in the market may continue. Bitcoin seems to be more likely to go below $ 80,000.

Market sensitivity and sales profitability ratio
In recent weeks, especially short -term investors have been observed to make panic sales. This appears clearly in Bitcoin's SOPR (sales profitability ratio) data. When SOPR data show negative values, investors are trying to avoid greater losses by selling at a loss. If sales pressure continues and is not absorbed sufficiently by buyers, excess supply may occur and prices may fall further.

IMPORTANT WARNING:
This content does not have the quality of investment advice. Crypto money markets have high risks, there is a possibility of depreciation of your investments. Before investing, it is important that you do your own research and if necessary, apply to a finance consultant.

Source: Cumha - Cumhur News Agency