Overall, we are bullish looking at the weekly. However, the latest scare from china has caused quite a bit of uncertainty among bitcoin investors.
Then again, I am going to bet personally that bitcoin will continue to rally before having this "major drop". There are too many people in fiat and expecting to buy in between 3600-3800. What stops an institutional investor from making those people FOMO buy back in to bring higher highs?
This situation may spark the interest of institutional investors, and if bitcoin is getting manipulated with millions of dollars, imagine tens or hundreds of millions of dollars.
We should be seeing $5-6K before the major correction personally. Otherwise I reckon its just best to keep BTC. Sure you can make 8-12% on a btc drop (from as it stands) but hedge your btc into alts and possibly get make 20-50% LOL.
Rapid Growing Cryptocurrency Trading Discord : bit.ly/onex_crypto
Then again, I am going to bet personally that bitcoin will continue to rally before having this "major drop". There are too many people in fiat and expecting to buy in between 3600-3800. What stops an institutional investor from making those people FOMO buy back in to bring higher highs?
This situation may spark the interest of institutional investors, and if bitcoin is getting manipulated with millions of dollars, imagine tens or hundreds of millions of dollars.
We should be seeing $5-6K before the major correction personally. Otherwise I reckon its just best to keep BTC. Sure you can make 8-12% on a btc drop (from as it stands) but hedge your btc into alts and possibly get make 20-50% LOL.
Rapid Growing Cryptocurrency Trading Discord : bit.ly/onex_crypto
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