Market update (2024-3-6)
Hi folks, the BTC chart is a cup & handle formation right now.
The dip of about 14% is usual for BTC's journey to new All-Time-High (ATH).
This dip forms the handle & then BTC will continue its journey up.
This update applies to all the other alt coins as they follow BTC's movements.
If you are an investor, just HODL. Don't panic. If you have additional spare cash, you may want to buy the dip.
If you are a trader & suffering paper loss, just hold & don't realize your loss. BTC will come back up & then you can cash out in a positive position.
There is not many BTCs in the market.
Latest news is Germany's Stock Exchange will be offering cryptos esp BTC. This means BTC has gone mainstream. Other stock exchanges will follow suit.
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