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Bitcoin fakes a breakthrough upwards, then fakes another breakthrough downwards. This process is similar to the movement we saw at the peak of 73,000. It moved in this way for about 8 months, then altcoins plummeted, and then the bull market continued.
Bitcoin has entered a bear market, as we have mentioned in our previous discussions. Here, waiting for Bitcoin's action is a correction, followed by a new peak and a bear market. At the same time, like in the past, all altcoins will experience a significant decline again. When fear and panic reach their peak, that is when everyone is fleeing the market, the market will rise again. Currently, many altcoins are ready to rise. But before that, Bitcoin needs to complete its correction. That is to say, when Bitcoin undergoes a gradual correction, altcoins will undergo a new correction. As it stands now, considering the possibility of a drop to $93,000, assuming no other events occur, altcoins will continue to decline significantly. We do not expect them to rise significantly when the correction is over, but time will tell. Currently, the chances of new altcoin trends are slim before Bitcoin ends its downward trend. And it may continue for a long time, as it has in the past. Make wise decisions. Currently, we are only waiting for cash.
#BTC# #ETH# #DOGE# #PEPE#
BTC1.16%
ETH2.2%
DOGE1.25%
PEPE0.52%
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CryptoMaster786vip
· 02-02 01:25
Bull Run 🐂Bull Run 🐂Bull Run 🐂Bull Run 🐂
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