I would not put a cent into crypto right now, looking at the 6-hour chart we have a death cross -- which is when the 50MA crosses below the 200MA. As you can see we are on a downtrend channel for now and BTC has hit the top of the middle channel. There are a few indicators telling me to either take my money out if I was in or to just stay put if I was out. The easiest way to make money in crypto is to take your profits when BTC hits resistance and to put your money to work when it hits support again. To recap; 1) there is a death cross at a midterm timeframe (the 6 hour), 2) BTC has hit resistance and 3) We are on a downtrend, all warning signs. Can it go up? Yes, so let's wait till it does that to put our money to work. What are we looking to see if it is going up for sure? The 1D (One day) Timeframe, if BTC crosses the 50MA, which It has not been able to do so for days now, which is yet another red flag. $8500 is a likely place that BTC will stop if that level does not hold $7400 will hold. Follow me and get factual updates.