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the market was manipulated by big money firms amd a wild dump followed afterwards breaking established support levels.. leading to total liquidation of many accounts including mine..
expect a market correction at current price levels, like I said in my earlier posts.. bitcoin is at a very critical point. as price action is attempting to consolidate between $60k and $53k..
bitcoin approaching the $60k mark.. expect an increase in selling pressure as many traders would want to cashout their profit at that mark.. so expect a correction in the market in the areas of demand and supply leading to a slight drop in prices!
ethereum has performed well so far. but the buying pressure seems to be reducing.. so expect a market correction of price action when ethereum hits $3500 price mark..
1) never invest in a new coin for long term purposes. 2) don't be too greedy. take profits at every market move, then gather your profit.. don't stay waiting for that one big move..
$PIXEL more lows for this asset.. don't hold for too long.. market sentiment is shifting, unless there's a big money inflow to drive market sentiments up in the coming days, don't hold coin for too long! #Write2Earn $PIXEL
The prices of bitcoin is consolidating after testing the $52,000 mark and failing to hit $53k. Bitcoin's new resistance is between $51,450 and $52k while new support is between $48k and $46,600 on the daily time frame.. bitcoin is expected to test the new support price range(between $48k and $46,600) in the coming days..