I know i mentioned this correction many times by now, but i just want to remind all of you that by now, we only had 1, maybe 2 bigger corrections with BTC. That could be the main reason why this correction could be VERY scary and deep, from technical perspective. As correction is nearing its end, crypto news tend to get very negative. Just hold on tight and don't do anything stupid, as such news are usually always timed this way, to shakeout as much retail investors as possible. Just know what you hold and stay positive.
If we fall in the orange price range 1.618 fib. extension level will almost certainly hold. Altcoins should not experience such deep correction but still btc always pulls them with it, before alt season starts.
I am not a financial advisor so don't buy anything that a say. Have a nice weekend.
BTCUSD
If we fall in the orange price range 1.618 fib. extension level will almost certainly hold. Altcoins should not experience such deep correction but still btc always pulls them with it, before alt season starts.
I am not a financial advisor so don't buy anything that a say. Have a nice weekend.
BTCUSD
Comment:
As we get into the green price zone we could start to see altcoins decoupling from the btc price.