This volatile movement would be undoubtedly followed by a major correction.
Even the current situation is a confirmed Bull Market, A major correction of at least 25%-30% is required.
Still, there is no confirmation, It should be very volatile. If Bitcoin finds support near 6k, then that would be very healthy for altcoins.
Don't convert to Alts yet, there is a lot massive volatile movement coming soon in Bitcoin .
The market is expected to be very volatile, and expect a quick rebound after correction.
Use a stop-loss above 7100.
And take profit from 5500-4800.
Please do not consider this as financial advice.
“The four most dangerous words in investing are: This time it's different.” - Sir John Templeton
Comment your thoughts about it.