I had been away from the market for a few days. What happened?
There were people waiting for BTC to make ATH. After such a rise, it was obvious that there would be a correction. It was worth 300 million dollars. 78% of this $300 million was from long transactions
What will happen now and what should be done?
- I predict that corrections will continue for a while and the market will fall for a while.
- Do not lose your coins to anyone at a cheap price through panic sales.
- If you have open money, I think you should gradually invest in coins you trust.
Finally, my advice is that we should be patient until the BTC halving. I don't think the halving will have much immediate impact. But it will be a little better for the market.
Kind regards...
