My thoughts about the market 📊
Is there a chance of a reversal?
Weak activity in the market over the past week. Alts stands still, Bitcoin tries to escape higher.
Most likely, in the near future we may no longer see Bitcoin below $60k. Of course, the price can still move up in the area of loys trading, but it seems as if the main fall has come to an end.
It is clear that the alts are now standing still and they will not shoot for now. They will start shooting only after Bitcoin confirms its growth by breaking through the highs or by some good impulse on volume, where people will again believe in continued growth.
As always, to start a new wave of growth, Bitcoin must go first, then the alts will follow. But, of course, you can add something to your portfolio now, because today’s entry price can be much more comfortable. The best thing to do is to divide the input into 3-4 parts and gain assets gradually.
