So price has seen a huge reset and we might as well not be over with it, is 30K our bottom? one thing is sure, if it want it can drop even further...
What are the good news though, it's a hell of an oportunity to buy cheap, if you want to be in the crypto market, you need to be ready for this kind of movements, it's not easy, I know, but this is not for the faint heart.
If market makers are happy with the drop, then we will see an amazing bounce.
If you have been trading for a few years already, then you know how this things work out, if you don't welcome to crypto.
This is not financial advice, this is just a kind reminder of the intrinsic volatility this market has, right now, we could have just seen the worst of it as well as it can continue, just keep calm and watch the smart money play.
What are the good news though, it's a hell of an oportunity to buy cheap, if you want to be in the crypto market, you need to be ready for this kind of movements, it's not easy, I know, but this is not for the faint heart.
If market makers are happy with the drop, then we will see an amazing bounce.
If you have been trading for a few years already, then you know how this things work out, if you don't welcome to crypto.
This is not financial advice, this is just a kind reminder of the intrinsic volatility this market has, right now, we could have just seen the worst of it as well as it can continue, just keep calm and watch the smart money play.
Comment:
It feels almost as if it took a shark fin's shape and it's only going from there, although, it's still early to say the price wont visit the 30ks area again, but we are looking healthy