$BTC $NOT The market continues to be actively pulled up. To be honest, I don’t really like this. Especially the two green bars yesterday that raised Bitcoin to 79 thousand. The fear and greed index was approaching 80, and now it is holding at 74-75.
Overall, it is very good that altcoins have finally started to wake up. Ethereum broke 3000, and other coins began to follow. I think we have already seen the lowest prices, and even now, a correction in Bitcoin will not push altcoins back to local lows. At the same time, I understand that sooner or later this overheated market will start to decline. Right now, major players are actively trying to imply that Bitcoin will not drop significantly. Something like a correction to 75, and then a flight to 83 thousand. But in reality, it will probably hurt a lot more. I think Bitcoin will still go below 70. The key support level is currently at 68 thousand. If it is not broken, then it will be good. From there, we can bounce back and move towards 80.
If we talk about NOT, it is very difficult for me to predict the development of events. You can see how much it depends on the market maker. If we look at the levels, they are 0.0073, 0.0066, and 0.006. I can assume that during a deep correction on Bitcoin, NOT will go somewhere in the range of 0.0061-64. But again, it is problematic to consider it from the technical analysis point of view. The team can easily launch it against the market if, for example, they release some long-awaited updates. The only thing I can say is that buying and selling should be done in a stepwise manner. Don’t invest all your money at once, but take small portions if the price decreases. The same goes for sales. You never know when NOT might get pumped.
My letters in Pavel Durov's messenger are top1verunvnot.
