100% of the sector is in RED, only BTC has fallen more than 20% so far this month.
Although it was a phenomenon that could be seen coming, since it is profit-taking by Dinero Inteligente, which bought the land for 16 thousand dollars there at the end of 2022, the distribution is in doubt.
The $BTC can drop to 51K, for sure.
However, I am seeing something very interesting and that is that we are at buying points (for the long term) in certain assets like $LINK , where the accumulation range is between $8 and $13 to distribute for $100 within a few years, since the usefulness of this blockchain IS UNDENIABLE.
For me, BTC will recover the other week and I am betting (be careful with the term, I am betting) that it will have an aggressive V-shaped recovery.
The FUD on BTC may be because #MtGox has billions of dollars in BTC and $BCH
TOTAL 3 (altcoin MARKETCAP without BTC or ETH) fell to the 510,000B area and quickly recovered to 540,000B in just a few hours. See that absorption
So I safely speculate that we are in definitive conditions to enjoy benefits at the end of the year and the middle of next year.
I knew about the fall and in fact I mentioned it weeks ago... Now I made my purchases at #altscoins hoping that there will be a new BTC Decline towards 51K to reinforce those purchases for the long term because I think that These levels are ephemeral for the last opportunity that this market will offer before being definitively regulated.
