Good evening/afternoon/morning/night everyone.
It's been a rough day for all of us, but is it over yet ?! WE DON'T KNOW YET...
First of all, do not panic as this correction was overdue, and till now, we experience a healthy one.
Second of all, as long as we are above 28k, we are super duper bullish on Bitcoin
So take a little rest and wait for the market to settle down a bit, personally, I don't think the correction is over,
in fact, I expect Bitcoin to dump a little bit lower to $30k.
As long as we sustain $28k as support, everything will back to normal in a matter of time.
The current dump is the result of DXY bouncing up
1.USD has an important rule here as well, so keep your eye on DXY for Bitcoin,
2.and ETHBCT for your altcoins, as if that pair start rising, we should expect other ALTBTC pair to join the party.
And last but not least:
DIPS ARE FOR BUYING, DO NOT PANIC SELL
Share your insight in the comment section, and let's discuss ;)
It's been a rough day for all of us, but is it over yet ?! WE DON'T KNOW YET...
First of all, do not panic as this correction was overdue, and till now, we experience a healthy one.
Second of all, as long as we are above 28k, we are super duper bullish on Bitcoin
So take a little rest and wait for the market to settle down a bit, personally, I don't think the correction is over,
in fact, I expect Bitcoin to dump a little bit lower to $30k.
As long as we sustain $28k as support, everything will back to normal in a matter of time.
The current dump is the result of DXY bouncing up
1.USD has an important rule here as well, so keep your eye on DXY for Bitcoin,
2.and ETHBCT for your altcoins, as if that pair start rising, we should expect other ALTBTC pair to join the party.
And last but not least:
DIPS ARE FOR BUYING, DO NOT PANIC SELL
Share your insight in the comment section, and let's discuss ;)