Whatโs going on with $BTC ? Is it worth buying now? Will it drop more? ๐๐
Iโm no magician to tell you exactly whatโs Bitcoinโs next move, but so far, Bitcoin is trapped between 2 important points, which are 98K and 93K. There are many factors that influence Bitcoinโs price and I canโt tell you about every single one, but so far, Bitcoin is giving signs of support despite still dropping in price.
Alt coins are not decreasing in price like before when Bitcoin drops, which is pretty good sign, even if Bitcoin drops to 90K, I donโt see alt coins dropping by a lot, which is perfect if you are thinking about buying alt coins, yes they may drop by 5%-10% after you buy them, but as long as you donโt sell you will profit from them when the bull run starts, itโs only a matter of days before we see a big rise again.
Whatโs Bitcoinโs next move? Well, I want Bitcoin to recover, but itโs not just Bitcoin, the whole US market is still trying to recover from the FOMC meeting, plus the end of the year and holidays, it will take time. For now, if we see Bitcoin going back to 95K and pushing with high volume, then we will see a push towards 98K, which is for me the only struggle we have for a bullish run. If Bitcoin breaks 98K and maintains that zone for few hours, then we can be optimistic and positive about Bitcoin going for All-Time-High again, especially if it happens in January.
If you thinking about buying coins and holding them for a long time, I ll share with you some and you decide what you want.
$RSR currently at 0,011, is pretty good for a x3-x5 when the bull run starts, could go down to 0,010 or 0,009 if a dump happens, but if not, It will continue going up.
$DYDX currently at 1,5 is pretty good for x3 or more, a target of 4-5 is possible when the bull run starts.
Do your own research, and remember to never sell on a loss, you will get profits if you are patient. ๐๐ป๐