Cryptocurrency Market Update | New Buy Opportunity For Altcoins

2021年9月8日

Yesterday we saw the strongest drop for BTCUSD we have seen since the bullish wave started in late July.

We had only growth followed by more growth, coupled with additional growth and so on.

We went from a low of around $28,600 to a massive ~$53,000 which is almost 100% growth. (85% to be exact).

Yesterday we saw a 19% drop (-19%) on the Bitcoin's price, the strongest in a while but yet we remain ultra strong.

• EMA100 (blue line) was tested and now Bitcoin's price is testing EMA50 (magenta line) as support.

This kind of bearish action was normal after April all the way to late June... What did you do back then?

Nothing, we simply let the market do its thing and we wait.

What is 100% certain, is the recovery that followed next.

While I am not quite sure if Bitcoin will recover right away or it will take 1.5 months (remember that a correction is needed before the massive bullish action that the TapRoot network upgrade in November is likely to cause).

The Altcoins market is a different story (ALTSBTC) and an opportunity to buy just showed up.

Altcoins Market Update

We've been seeing massive growth, great gains, long-term higher lows and the Altcoins market continues to grow.

When we say Altcoins we mainly refer to all the altcoins minus the Top 10/20 and also the Altcoins vs Bitcoin (ALTSBTC) pairs rather than Altcoins vs Tether/Stable Coins (ALTSUSDT).

Many of these altcoins we follow, we track, we love and we trade... Are already recovering, some continue hitting NEW HIGHS despite Bitcoin dropping 19%.

Many are back within our BUY price or BUY-IN range...
The market is giving us an opportunity...

If you missed out on any of your favorite altcoins, you have a chance to buy again.

This opportunity won't last for long, but the market is generous, it always gives a second chance...

When you see such strong bearish action, look at the bright side... Instead of panicking see how you can benefit from what is going on.

Worst Case Scenario you get a long drown out correction and then we resume the growth.

Any other scenario.... In a matter of days or weeks, WE ARE BACK UP AND FULLY STRONG.

Hello! ... A New Buy Opportunity Just Opened Up!

Namaste.