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bitcoin fake breakouts upward. and then fake breakout downward. this process is similar to the movements we made when we reached the peak of 73,000. it moved like this for about 8 months and altcoins fell a lot and then the bull continued.
We previously mentioned that we entered a bear market for Bitcoin. Here, Bitcoin's movement can be seen as a correction and then a new peak and a bear market. In the meantime, altcoins will drop again, just like in the past. And when fear and panic reach their peak, that's when everyone is running away from the market, the upward rally will continue. As of now, many altcoins are ready to go up. But first, Bitcoin needs to complete its correction. That means, while BTC is correcting step by step, altcoins will make new corrections. As of now, a decrease of $93,000 is expected, unless there are unexpected developments. Altcoins have dropped significantly and continue to drop. We don't expect them to rise too much once the corrections are over. Of course, time will show that. The probability of a new altcoin rally is very low before Bitcoin ends its downtrend. And it will continue this way for a long time, just like in the past. Make a good decision on what to do. For now, we are waiting in cash.
#BTC# #ETH# #DOGE# #PEPE# #GT#
Yesterday, many positions were opened, for the first time I held out for 130 points, but in the end, I decided to take profit at 3123. With such a drop, I don't know where Ether will stop. Now I have even become a short-term soldier.