đUpdate about $BTC đ
As I told you guys in my previous updates that $BTC will need some correction after reaching its new all-time high, now you all can see this. Many people were disliking this when I said it would be going down for a correction before another big move, but now all you can see is that this happens. Thatâs how the market works; sometimes you see wins and sometimes you see losses.
Now, whatâs next?
Here are the possible scenarios, according to my analysis:
1. BTC will go down more before the bull run; for now, the target is 62â64k, but maybe it will go down more than this. If it breaks this support, then I will update you further.
2. BTC will move in some upward direction and reach the 70k zone, and then it will dump more from there.
But the overall market trend remains bullish, so donât panic; it will bounce back more in a bull run after the correction it needs.
I hope you all will make a profit in the upcoming bull run. Hold your assets if you have already bought them or not, then buy the dip as there is the best opportunity for all of you to buy alts.
If there are any changes in market trends, then I will update you further.