Now you may or may not know, that I've been trying to catch the bottom for Arbitrum for months now but it just kept making new lows over and over.
But let me tell you, this time it's different (it's probably not)...
Arbitrum dropped all the way to ~50 cent and I just can't think of anything besides some major news etc. that could make Arbitrum any lower than that... the weekly candle is already looking somewhat decent but it's the weekend ahead and still 2.5 days to got, so anything could happen.
But if this is not the bottom, I really don't know. It could all just have been a cash grab and ARB is going to disappear forever. We have seen this many time, even with the promising projects.
So, this will be the last time I'm buying ARB at current prices, target as shown in the chart. Fingers crossed.
But let me tell you, this time it's different (it's probably not)...
Arbitrum dropped all the way to ~50 cent and I just can't think of anything besides some major news etc. that could make Arbitrum any lower than that... the weekly candle is already looking somewhat decent but it's the weekend ahead and still 2.5 days to got, so anything could happen.
But if this is not the bottom, I really don't know. It could all just have been a cash grab and ARB is going to disappear forever. We have seen this many time, even with the promising projects.
So, this will be the last time I'm buying ARB at current prices, target as shown in the chart. Fingers crossed.
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