Faith recharge time is here! The recent price of $BTC has dropped to 92,200, but it can still hold above 94,000 over the weekend, indicating that there is buying support at the 94,000 price level. Even if it falls below, it will quickly rebound, a situation that has happened before.
Tomorrow is Monday, and MSTR is joining the NASDAQ 100 index, which will boost market sentiment. Moreover, it seems that the owner of $MSTR has bought Bitcoin again, which could stabilize market sentiment before Christmas, especially during the holidays when liquidity is low. As long as there are no major surprises, the market should remain stable. Then we can slowly look forward to the arrival of the first quarter next year.
As for altcoins, don't rush; we still need to see the performance of $ETH . Those projects that were chased high before may have to wait until the first quarter of next year to break even. In the future, really avoid chasing highs. Even if you do chase, if you see the trend is not right, withdraw quickly to at least minimize losses.
Those with foresight should lay low in advance, with low prices; there's no need to panic during corrections in Bitcoin! For example, me…