LIVE#bitcoinhalving completed! Alright what now?
There's a fix we've all been waiting for. We now agree on this issue. This decline may come after watching bitcoin go sideways in a boring way. I think the "Sell in May and go away" habit (or whatever you call it) that I have been talking about for the last month will happen for #Bitcoin, as it happened in the US markets due to the negative data announcement. Such pullbacks will provide buying opportunities for both#altcoinand Bitcoin. We will all suffer unrealized losses on the spot side from these declines. At this point, instead of thinking about selling, I prefer to focus on reducing costs or adding to the price if it is already at the price I bought it for.
Since there will be no interest rate cut without an improvement in US data, there is no sign yet of the altcoin rally you are waiting for. Monetary tightening needs to end and move on to monetary expansion. US 10-year bond yields need to fall. After confirmation of indicators like this, a#cryptorally may occur. The choice here is to collect the goods early, saying that this will happen anyway, or to buy after the mentioned approvals, if you think "I cannot see a red/minus value in the wallet" or "it should increase after I buy it"? It's entirely your own decision. I wish you good luck and have fun away from screens over the weekend :)
