My friends, this week starts with a down market, it is totally correcting, the question for many is whether it will continue like this or if there will be rises again.
The Crypto market registers outflows, that is, withdrawals, and that is normal since Bitcoin reached all-time highs nearing 100K, historically after bullish cycles Bitcoin has gone down, for that reason before the elections when $BTC was around 65,000 dollars, I wrote that Bitcoin would reach between 85K and 95K, it turned out it reached a bit more. But once it reached those prices, I told you it was already expensive, right now it is correcting, some traders think it will remain lateral oscillating between 85 and 95K, others say it will rise again and break the 100K mark, it is possible that this happens considering the start of Trump's presidency, possibilities that part of the US reserves will turn into Bitcoin.
Solana reached a peak when it hit 265 dollars, now it is going down, some knowing its potential say it will recover the bullish cycle, others think it will also remain lateral.
Ethereum, in the analysis, shows its resistance still at this moment around 3300 dollars and for some experts, considering its approval of ETFs in the US stock market, they see potential for a bullish cycle to start at any moment, which some see at 3800 and 4200, others above 5000 dollars.
The truth, friends, is that low prices give the opportunity to invest, as I wrote in my previous articles at this moment $ETH is an option, for some Cardano and Stellar, I also hope that PEPU or All-Stars will be listed.
Friends, I'm paying attention to where the investors or whales are moving, there will be the other options. Thank you for supporting me.
