BTC dropped $800 today, and altcoins are bleeding like hell; some altcoins went from 0 to -25%, and some dropped to -40%.
Now, what should your next move be?
Whales are trying to panic retailers so they exit the market, thinking that the market will dump more, and when it reaches a lower price, we enter again.
But this is not likely to happen because investors like Blackrock, Greyscale, and others are continuously buying BTC. Do you think their fundamental and technical teams doing poor job? Why are they buying at $60,000? Shouldn't they be buying at $40,000 or $52,000, as some traders claim the market will drop?
My dear fellow, if you haven't bought altcoins yet, make an entry! I'm not a financial advisor, but you will miss this opportunity. The market will probably never go down from here, maybe just a wick to the $56,000 level, but there is no way the market is going down that much.
Blackrock opened ETF buying fo pension holders. Global pension market is $60Trilion and Blackrock Hold 1.2Trillion among it. if 5% of them invest BTC will rise to 100k$.
Guess how much money is coming to the crypto market. and you are trying to exit and waiting for dump. rethink
