-10%...ouch. However don't pull your hairs out just yet. This could just be a STOP HUNT.
As you know everyone is more excited this time for a Alt Run than a BTC Run. Since it is taking longer than expected we have new Bitcoin Maximalists everyday. BTC dominance still at a whopping 65%, which is why the alts are bleeding.
Now yes, we broke a important level & as it usually goes we should fall to the next level of support which is around .29 may see some stop hunting around .28. I don't think we will stay here very long if we go to that region. That is a level of accumulation & a Major level of phycological support.
Trying to predict prices in crypto is like talking to the mirror mirror on the wall at times. So lets Wait and see these confirmations of levels highlighted before making a play.
Hope you enjoy!
As you know everyone is more excited this time for a Alt Run than a BTC Run. Since it is taking longer than expected we have new Bitcoin Maximalists everyday. BTC dominance still at a whopping 65%, which is why the alts are bleeding.
Now yes, we broke a important level & as it usually goes we should fall to the next level of support which is around .29 may see some stop hunting around .28. I don't think we will stay here very long if we go to that region. That is a level of accumulation & a Major level of phycological support.
Trying to predict prices in crypto is like talking to the mirror mirror on the wall at times. So lets Wait and see these confirmations of levels highlighted before making a play.
Hope you enjoy!