Everyone is expecting crypto to drop lower. If it was that easy to guess then everyone would get rich by shorting BTC. Market sentiment was very high at BTC 20k or LTC 375.
I can't see anything to why we would go higher, and i don't believe we will go any lower then LTC 104-107 or BTC 6.2k-6.5k. Very smart people are buying and creating a long term portfolio. Other people are holding their crypto. Some other people have bought at higher prices and are thinking to sell now, cut the losses and buy later cheaper. If it was that easy, why didn't you sell at 10k and buy at 6k now? All T.A experts should publish at the end of their analyses that the chance of going higher are the same as the chance of going lower. 50/50. Up or Down. If you bought higher and are now at a loss, probably the best thing to do is forget about crypto for two to three months. If you love crypto, this is a good time to buy and hold. If you think it's gonna go lower, good luck. Thinking it will go lower now it's like thinking it will go higher when it was around 18-20k. There were high volume of BTC purchase on 6th of Feb when it crashed to 6k. Tell me who sold there and who bought there? Anyone who sold there lost money, and those who bought there got almost 100% return in the next 2 weeks. I would buy anytime there is a crash, and i have, and i would sell anytime price goes above my average and crypto is ralling and it is green all across the board.
Good luck. Don't listen to people on internet. :)
I can't see anything to why we would go higher, and i don't believe we will go any lower then LTC 104-107 or BTC 6.2k-6.5k. Very smart people are buying and creating a long term portfolio. Other people are holding their crypto. Some other people have bought at higher prices and are thinking to sell now, cut the losses and buy later cheaper. If it was that easy, why didn't you sell at 10k and buy at 6k now? All T.A experts should publish at the end of their analyses that the chance of going higher are the same as the chance of going lower. 50/50. Up or Down. If you bought higher and are now at a loss, probably the best thing to do is forget about crypto for two to three months. If you love crypto, this is a good time to buy and hold. If you think it's gonna go lower, good luck. Thinking it will go lower now it's like thinking it will go higher when it was around 18-20k. There were high volume of BTC purchase on 6th of Feb when it crashed to 6k. Tell me who sold there and who bought there? Anyone who sold there lost money, and those who bought there got almost 100% return in the next 2 weeks. I would buy anytime there is a crash, and i have, and i would sell anytime price goes above my average and crypto is ralling and it is green all across the board.
Good luck. Don't listen to people on internet. :)
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My prediction is a copy paste of the left side chart before the rally to 375
Comment:
The beginning on the left of the yellow trend line is the crash of LTC from 95-30 usd or almost 70% crash. We are at the end of the 70+ % crash from all time high of LTC. It took 2-3 months back then to reach the same all time high level. It may take that same amount of time or longer to reach again the ATH level. I think we will reach it. This is new tech, and as usual with all new tech, adoption will increase exponentially.
Imagine iphone year 2007, Steve Jobs said he would be happy to sell 1.5 mil iPhones. 10 years later they sell 1.5 mil iphones in 2 days. By the way, Blackberry was saying people like physical keyboards :) and don't like/want to type on a screen.
I once read long time ago that a guy bought two pizzas with 10k BTC (internet money) and i thought how stupid the guy who sold the pizzas for internet money. :) if i could turn back in time
Imagine iphone year 2007, Steve Jobs said he would be happy to sell 1.5 mil iPhones. 10 years later they sell 1.5 mil iphones in 2 days. By the way, Blackberry was saying people like physical keyboards :) and don't like/want to type on a screen.
I once read long time ago that a guy bought two pizzas with 10k BTC (internet money) and i thought how stupid the guy who sold the pizzas for internet money. :) if i could turn back in time