We are witnessing a marketwide shakeout, nothing to fear. This is likely to end very soon. Patience. Hold.
Bitcoin is shaking right now and the Altcoins market as well and I can see more than 1.5B of late joiners and over-leveraged traders being liquidated today, in the past 24 hours.
If you've been reading what I have to share then this shakeout move doesn't concern you. Prices remain strong and this is a unique opportunity to buy-in, rebuy and reload.
Bitcoin will continue growing, the Altcoins will continue growing; we are going up.
A market shakeout is just that, weak hands are being shaken out of the market. Late joiners and over-leveraged positions are being removed before the next leg-up.
We are in a bullish trend and will continue to see higher lows and higher highs long-term. Remember the support range I mentioned in a previous post, Bitcoin is hyper-bullish above those.
Buy as much as you want focusing on the long-term and hold strong.
Each chart/pair must be considered individually.
A sound plan is needed for trading. Never buy anything in a rush.
Sell when prices are high;
Buy when prices are low.
Thanks a lot for your continued support.
Namaste.