In light of escalating tensions between Israel and Iran, the crypto market experienced significant fluctuations, with #BTC dropping from 71k to 65k.
As a spot trader, I'm confident in our ability to weather these storms and regain our assets.
If Iran retaliates against Israel, further aggression may ensue, potentially pushing #BTC below 60k and stabilizing around 58k. This scenario could entice whales to buy the dip once again.
Holding onto assets during market downturns is key, as selling prematurely may lead to missed opportunities for profit. Whether you hold or sell, remember that both strategies have their merits, and staying informed is crucial in navigating volatile market conditions.
Best of luck to all, and stay safe. #MarketUpdates #StaySafe #BullorBear