🚨🚨 Why Btc is dumping ( 28k next ?? ) 🚨📉
We on 24 july witnessed a downward movement in btc and btc also broke the 29700 Support but what was the reason for that ?
The most possible reason is considered Federal open market Meeting ( FOMC ) that is going to be held on 26 july ( 8 meeting annually ) and some figures / Things are to come Which would effect btc so most of the traders don’t want to risk in until then.
In my opinion we should also start bagging some good alts as many of them are down by 5-10%. And bagging those would help us during the upward movement.
Let’s see What fomc concludes and how it effects
Also :- It is seen from last many times that even positive news has resulted in market going down (temporarily ) so don’t take enteries Just after the conclusion :)