What to expect from BTC and Altcoins?
The final local mark, from where BTC will go down - the range of 112,000 - 120,000
After that, there will inevitably be a dive into the area of 95-90k, at least.
I have seen this picture quite often during my trading period.
Is everything really that bad? No.
Growth will resume after the start of the alt season.
People are panicking and often ask the question: "Why is Bitcoin growing, and altcoins are standing still?"
The reason for everything is Bitcoin dominance.
Dominance is not in the growth phase. This is a correction, within the fall.
Now, we have almost reached the global level at the mark of 57.5-58.5.
It is these marks that are the main point for the beginning of the desired alt season.
So what should we do now?
BTC
Locally: You can try long with a short stop at 102,000, with a take at 110,000
Fix your profit at these marks, and from there, take short orders up to 120,000.
Altcoins:
Take positions now for a small part of the deposit, and a grid in case of a drawdown.
Then just wait
Of course, it is scary to buy on such a market, "but do not be afraid"🤣
