Despite the fact that we are all wishing for a powerful Bull Run with BTC, our favorite crypto is still in the Bear stages. No one knows how long this bear run will last, but all we need to know at the moment is that the market cap is dropping for crypto, as is price. Alt coins are getting slammed by BTC's precipitous drop in price. At this point, we are not in this for fun; this is a long term game for Hodlers. Are you in for the long term ride or out? I believe in BTC longterm, as well as many other cryptos, so I will remain.
Important takeaways:
Market continues down in long term trend, and may go lower than you thought possible;
At the moment, RSI is super low, which may mean opportunities for some;
Crypto is consolidating - if you are in, you are in for the long haul.
We (the little guys) are swimming with the whales and institutions at our own peril (or delight)!
Important takeaways:
Market continues down in long term trend, and may go lower than you thought possible;
At the moment, RSI is super low, which may mean opportunities for some;
Crypto is consolidating - if you are in, you are in for the long haul.
We (the little guys) are swimming with the whales and institutions at our own peril (or delight)!
