Though we see lot of euphoria because of the BTC breakout, i’d advise to be careful.
We still have long way to go for a recovery. Resistance line needs to be conquered.
My bet would be, that this wave was created to lure in people who were waiting in the sidelines with stablecoins.
When these people buy in, this will be the moment when they get dumped over.
So be careful to enter without confirmation on good support at the previous resistance level.
We still have long way to go for a recovery. Resistance line needs to be conquered.
My bet would be, that this wave was created to lure in people who were waiting in the sidelines with stablecoins.
When these people buy in, this will be the moment when they get dumped over.
So be careful to enter without confirmation on good support at the previous resistance level.