If you didnt notice even bitcoin price dropping but its market domination continue to increase,today while bitcoin is sitting to $8,000 the market dominance is 37.5% meaning its not only bitcoin dropping its market cap but most of the altcoins too,including top 10 coins.
So if we will make a deeper look we will notice that before bitcoin hit the ground altcoins will do it first,so expect no falling that low.
Bitcoin will grow and grow,but will never come back to $5,000 thats for sure n
1 thing that I learned from forex is that market has its rules and if you will not respect them - you are going to end up with no money.So if we will make a deeper look we will notice that before bitcoin hit the ground altcoins will do it first,so expect no falling that low.
Bitcoin will grow and grow,but will never come back to $5,000 thats for sure n
The fact that bitcoin could fall to 5k is an amazing thing!
It will give very sturdy support to the future 36-40k upward movement!
The fact itself that we are bearish right now is very good!
Market does not approve of 1-sided movements
But as what i was delivers the trend and for me is what reality means,im not closing and idea of getting back but i am boosting those holders and waitings for the recovery from the last years highest recorded price.
But to be transparent for both,i will be neutral and will wait until the start of Q3 ,from that we will have the idea on where we are heading..thanks for this good exchanging of ideas and visualization mate..Salute!!!
