Hi all,
Now that we've broken huge historical support zones, we have to remain patient to see where will this bear market end.
From my point of view, BTC has still a lot of room to go down. To be honest this is a difficult situation for the crypto space.
Now on the other hand, there are some altcoins bottoming which could be giving us a good End Of Year profits, so don't get lost on Bitcoin and look for the altcoins as well. I think we're not too far away from another altcoin cycle, so my recommendation here at the moment is to stay away from bitcoin and look up for other opportunities in the market.
There are some altcoins like ripple, bat, zrx that are showing strong signs of reversal and those could be this year's winners. Time to start building up positions now that the market is giving us theese black friday discounts.
Cheers,
Flawless
Now that we've broken huge historical support zones, we have to remain patient to see where will this bear market end.
From my point of view, BTC has still a lot of room to go down. To be honest this is a difficult situation for the crypto space.
Now on the other hand, there are some altcoins bottoming which could be giving us a good End Of Year profits, so don't get lost on Bitcoin and look for the altcoins as well. I think we're not too far away from another altcoin cycle, so my recommendation here at the moment is to stay away from bitcoin and look up for other opportunities in the market.
There are some altcoins like ripple, bat, zrx that are showing strong signs of reversal and those could be this year's winners. Time to start building up positions now that the market is giving us theese black friday discounts.
Cheers,
Flawless
Follow me up on twitter! @2Flaw7ess
