When to buy BTC in this DIP?
Well, I’ll say BUY now! As BTC has a strong support at 95500 and bulls are trying hard to push the market.
If you are shorting BTC put a SL at 100k and set TP at 96000.
I have enough BTC, so this time I’m not buying. But I’ll buy some Alt coins. BTC dominance is decreasing. Just waiting to see BTC UP.
Alt season comes when BTC Dominance is DOWN 📉 and $BTC is UP 📈. I’m planning to buy more $ETH, DOT, SOL, TRX, XRP, UNI, ID, IQ. Last two I’m just investing as I love those products and seeing real life value. Chart is not convincing though.
Even though there is a very less chance that BTC can go further down to 90k if bulls couldn’t hold, I have some buying orders at 90k, 85k and 80k. Along with BTC, I also always buy LTC, BCH and $BNB .
Let me know if you have any open positions with high loss and you need some guidance. Also try to help others with their losing positions.